On the 30th of January 2023, the Malta Gaming
Authority (‘MGA') published its policy
(‘Policy') on the use of distributed ledger technology
(‘DLT') by authorised persons. Subject to transitory
provisions, the Policy is considered effective from the date of
publication and shall replace the MGA's Guidance on
the use of Innovative Technology Arrangements
(‘ITA') and the acceptance of Virtual
Financial Assets and Virtual Tokens
(‘VFA') through the Implementation of a
Sandbox Environment (the ‘Sandbox Framework').
DLT assets as a means of payment
Prior to the MGA issuing the approval for an applicant to use a
DLT asset, the former is to be provided a list of such DLT assets
and their classification in terms of the VFA act and/or any other
binding instrument.
