Matla is in the center of the Mediterranean sea. This small island sitting between the African continent and Europe. Presently Malta is rapidly progressing in Blockchain and Cryptocrrency sector. It became the world's friendliest place for Cryptocurrency industry. In my opinion, Malta is doing great job to welcome Blockchain and Cryptocurrency industry.
Recently in a press conference, Prime minister Joseph Muscat said that they will pass three cryptocurrency bills. These bills will cover:
- Initial coin offerings (ICOs) regulation.
- Lines for Cryptocurrency exchange.
- Cryptocurrency and Blockchain sector regulation.
Senior Advisor to WH Partners, Dr. Joseph F. Borg said
Today is a historic day for blockchain and cryptocurrency enthusiasts, professionals and entrepreneurs in Malta. It is the first step to make Malta the jurisdiction of choice for blockchain businesses. The fact that parliament unanimously voted in favour of the three bills is crucial for the stability of the sector and for Malta to become the hub of Blockchain and cryptocurrency businesses. Well done to all involved!
These three bills are:
- Malta Digital Innovation Authority Bill
- Technology Arrangements and Services Bil
- Virtual Financial Assets Bill
Now top crytpo exchange like Binance and Okex are located in Malta. These bills will attract more blockchain and cryptocurrency based companies to set up their business in Malta.
News Source:
https://www.bloomberg.com/news/articles/2018-04-23/how-malta-became-a-hub-of-the-cryptocurrency-world-quicktake
https://www.ccn.com/exclusive-maltese-government-approves-three-cryptocurrency-bills/
Thanks for Reading
My Previous Posts:
ASAD - BEST SHORT FILM I EVER SEEN.
Lightning Network for Faster Bitcoin Payment
Univeristy offering courses on Blockchain & Cryptocurrency
AlipayHK: The Blockchain Based Service (cross-border Payment)
A short description of Cryptocurrency
Bitcoin Paper wallet
Blockchain: Simple explanation
Congratulations @asad21221! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - Round of 16 - Day 4
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @asad21221! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :
Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word
STOPDo not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - Brazil vs Belgium
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit