Malta one step closer to regulating DLT, Blockchain and Cryptocurrencies

We are one step closer to have a fully fledged legal framework regulating DLT and cryptocurrencies since yesterday the draft bills have been made available to the public. Parliament has scheduled the second reading today which will be followed by a third reading in the coming days following which the bills will enter into force.

The draft bills which are published are the ‘Virtual Financial Assets Act’, the ‘Malta Digital Innovation Act’, and the ‘Innovative Technology Arrangements and Services Act’.

Please feel free to contact us if you would like more details on the contents of the draft bills.