Malta Passes Blockchain Bills to Establish Framework for Blockchain Technology

Blockchain | Crypto News | Latest News

Malta’s Parliament passed three bills today in order to establish a regulatory framework for blockchain technology as reported by local news outlet Malta today on July 4.

The junior minister for financial services, Silvio Schembri, stated that the island nation is a pioneer in providing legal framework or future blockchain companies. This is the first world jurisdiction to provide legal certainty within this space.

The move taken by Malta’s Parliament would put investor minds at ease as companies now have the necessary legal tools to operate in a regulated environment. The government now offers a stable system which will result in further economic growth for blockchain companies.

FREE CRYPTO COIN JUNKY HANDBOOK - 147 page guide covering Crypto Fundamentals, Beginners/Advanced Crypto Trading Strategies, Crypto Mining Techniques, ICO Investment strategies, and so much more.

CRYPTO TRADING STRATEGY GUIDES - Whether You're Day Trading, Swing Trading, Or Just Investing...Our Extensive Guides Will Get You To Where You Want To Be.

Numerous blockchain and cryptocurrency businesses have already moved to Malta, as the country has taken many regulatory steps become the “blockchain island”.  Many cryptocurrency exchanges, including Binance, BitBay, and OKex have set up operations in Malta due to their blockchain development and cryptocurrency friendly space.

The Malta gaming authority also issued a document of guidelines on blockchain and cryptocurrency applications within the gaming industry. The goal of the group is to apply standards to games that use cryptocurrency in blockchain technology.

The government of Malta announced that they would soon be developing a project in which the use of blockchain technology would be used for recording academic certificates and diplomas.

Leave a Comment

Latest Crypto News

How the SEC Actions Correlate With BTC & Market Prices

How the SEC Actions Correlate With BTC & Market Prices

Earlier this week, the cryptocurrency markets slumped: Bitcoin (BTC) lost its $6,500 support, and Ethereum (ETC) dropped well below the $400 mark (rates stand at $6,620 and $319 respectively by the press time). While it’s important

Tether Issues $50 Million Worth of Tokens

Tether Issues $50 Million Worth of Tokens

Tether (USDT) has issued new tokens worth $50 million on August 11, according to block explorer OmniExplorer. In late March, Tether had released 300 mln USDT tokens priced at $1 per token. Over the past 30 days, Tether’s market

bitcoin long live the king

Bitcoin: Long Live The King

If you’re wondering how you should treat Bitcoin, as an investment vehicle, allow me to share with you guys my non-expert opinion. End of story, thanks a lot for reading. FREE CRYPTO COIN JUNKY HANDBOOK

Something’s Brewing at Facebook’s Crypto Division

Something’s Brewing at Facebook’s Crypto Division

It’s not entirely clear what exactly is going on in Facebook’s nascent cryptocurrency division, but several reports suggest that something is afoot. Facebook Meets with Cryptocurrency Project Stellar The first comes from Business Insider, who reports

Everipedia Launches First P2P Blockchain Encyclopedia

Everipedia Launches First P2P Blockchain Encyclopedia

Cayman Islands-based blockchain startup Everipedia formally launched its peer-to-peer (P2P) encyclopedia August 9, a press release confirmed. Designed to be an “autonomous encyclopedia without the need for advertisements or donations,” the project uses the EOS network to function and will reward

Dish Satellite Provider Adds Bitcoin Cash as Payment Option

Dish Satellite Provider Adds Bitcoin Cash as Payment Option

U.S. satellite service provider DISH has announced it has added Bitcoin Cash (BCH) as a payment option and migrated to the BitPay payments provider, according to an official press release August 9. The DISH Network Corporation was among the first

Binance Releases Demo of Decentralized Exchange

Binance Releases Demo of Decentralized Exchange

The CEO of cryptocurrency trading platform Binance Changpeng Zhao announced a demo of the platform’s decentralized exchange in a tweet today, Aug. 9. In a six-minute video attached to the tweet, Zhao presented a “casual, early, pre-offer”  demo of

Intuit Financial Software Patents Bitcoin Payments via SMS

Intuit Financial Software Patents Bitcoin Payments via SMS

U.S. software company Intuit has been awarded a patent for processing Bitcoin (BTC) payments via text message (SMS), according to a filing published by the U.S. Patent and Trademark Office (USPTO) August 7. The patent, which outlines a system

SEC To Decide on 9 Bitcoin ETFs in the Next 2 Months

SEC To Decide on 9 Bitcoin ETFs in the Next 2 Months

The U.S. Securities and Exchange Commission (SEC) is set to make final decisions on nine proposed bitcoin exchange-traded fund (ETF) in the next two months. As first reported Tuesday the U.S. Securities and Exchange Commission (SEC) delayed

Microsoft Introduces Ethereum Proof-of-Authority Algorithm to Azure

Microsoft Introduces Ethereum Proof-of-Authority Algorithm to Azure

Microsoft’s cloud platform Azure has introduced a proof-of-authority (PoA) algorithm on its Ethereum (ETH) blockchain product, according to a blog post Aug. 7. The new Ethereum network algorithm will reportedly allow a “more efficient” way of building decentralized applications (DApps) for private or consortium

US SEC Postpones Decision Regarding Bitcoin ETF

US SEC Postpones Decision Regarding Bitcoin ETF

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on the listing and trading of a Bitcoin exchange-traded fund (ETF) until September 30, according to an official document released by the SEC August 7. ETFs are securities that track

Sign Up Below!
Airdroppin the Latest Crypto News, Trading Strategies, Tools, & Reviews



1
Bitcoin
Bitcoin
$6,074.08
-6.32%
2
Ethereum
Ethereum
$266.99
-17.18%
3
XRP
XRP
$0.2655
-13.94%
4
Bitcoin Cash
Bitcoin Cash
$496.14
-15.62%
7
Litecoin
Litecoin
$52.205
-13.23%
8
Cardano
Cardano
$0.093506
-18.55%
5
Stellar
Stellar
$0.2165
-9.64%
15
NEO
NEO
$15.077
-20.45%
6
EOS
EOS
$4.389
-14.98%
12
IOTA
IOTA
$0.4210
-23.21%

Crypto Guides & Tutorials

 Crypto Reviews

Subscribe to Our Social Media Daily Crypto Memes
Follow, Like, and Share Our Memes With The World


Pin It on Pinterest

Plus Free Crypto Trading Guides, Tutorials, Latest Crypto News,
and Altcoin Reviews. (Coming Soon: Pro Trading Signals)
SIGNUP FOR YOUR FREE
CRYPTO COIN JUNKY
HANDBOOK
DOWNLOAD NOW
We hate spam as much as you do. Unsubscribe anytime.
Plus Free Crypto Trading Guides, Tutorials,
Latest Crypto News, and Altcoin Reviews
(Coming Soon: Pro Trading Signals)
DOWNLOAD NOW
We hate spam as much as you do. Unsubscribe anytime.
SIGNUP FOR YOUR FREE
CRYPTO COIN JUNKY
HANDBOOK
Plus Free Crypto Trading Guides, Tutorials, Latest Crypto News,
and Altcoin Reviews. (Coming Soon: Pro Trading Signals)
SIGNUP FOR YOUR FREE
CRYPTO COIN JUNKY
HANDBOOK
DOWNLOAD NOW
We hate spam as much as you do. Unsubscribe anytime.
Plus Free Crypto Trading Guides, Tutorials,
Latest Crypto News, and Altcoin Reviews
(Coming Soon: Pro Trading Signals)
DOWNLOAD NOW
We hate spam as much as you do. Unsubscribe anytime.
SIGNUP FOR YOUR FREE
CRYPTO COIN JUNKY
HANDBOOK