Twitter Logo Youtube Circle Icon LinkedIn Icon

The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
Click here for more details

Malta > Legal Developments > Law firm and leading lawyer rankings

Editorial

Maltese Parliament has unanimously approved second reading of all three Cryptocurrency/Blockchain/DL

Maltese Parliament unanimously approves second reading of all three Crypto-currency Bills.

The Maltese Parliament has yesterday, Tuesday 26th June unanimously approved three Bills during a second reading in Parliament as announced by Parliamentary Secretary for Digital Innovation Hon. Silvio Schembri. This milestone development will make Malta one of the first countries to soon adopt a legal framework for ICO's, Exchanges and Innovative Technologies and position Malta as an attractive jurisdiction for investors and operators in the industry.

 

The Bills are the following:

  1. The Malta Digital Innovation Authority Act
  2. The Innovative Technology Arrangements and Service Act
  3. The Virtual Financial Assets Act which introduces a legal framework for the regulation of ICO's and Exchanges 

The next stages for the enactment and adoption of the above Bills will be a Committee Sitting and assent by the President of Malta.

The introduction of the above Bills will provide investor protection and legal certainty to both investors and operators who are keen to establish legitimate cryptocurrency operations in Malta, as well as to further establish Malta as a Blockchain island.

Malta has seen an influx of cryptocurrency businesses, many of whom have already relocated and established themselves in Malta. The introduction of the above Bills will see a continued increase in such business and operations being carried out from Malta. 

Interview with...

Law firm partners and practice heads explain how their firms are adapting to clients' changing needs

International Law Firm Networks

International comparative guides

Giving the in-house community greater insight to the law and regulations in different jurisdictions.

Select Practice Area

GC Powerlist -
Europe

International Law Firm Networks