Expiry Date: 31st December 2021
Distributed Ledger Technology (DLT) and each of its
implementations are new and disruptive phenomena in the digital
currency and technology spaces. Under the Sandbox Regulatory
Framework, the Malta Gaming Authority (MGA) offers licenced
operators the opportunity to make an application for the use of
Innovative Technology Arrangements (ITAs), including Distributed
Ledger Technology (DLT) platforms and smart contracts. Although ITA
usage amongst operators and stakeholders remains at the discretion
of the MGA, the Authority has indeed set out some initial
requirements. The MGA may revise such requirements on an ongoing
basis, always ensuring it takes a risk-based approach. Licensees
may submit their application for the use of ITAs through the
MGA's Licensee Relationship Management System (LRMS). Once the
Authority issues an approval for the use of DLT assets/ITA by a
licensee, the dynamic seal will reflect the fact that the licensee
is
