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ARTICLE · 26 FEBRUARY 2019

Blockchain Laws To Come Into Force 1st November 2018

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Malta has fast become a global leader in the regulation of blockchain-based businesses and the jurisdiction of quality and choice for world class fintech companies.

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Malta has fast become a global leader in the regulation of blockchain-based businesses and the jurisdiction of quality and choice for world class fintech companies. Bringing professionals who understand and embrace decentralised technology together with the island's best legal minds.

As expected and by virtue of Legal Notice 306 of 2018 and Legal Notice 307 of 2018, the Innovative Technology Arrangements and Services Act and the Virtual Financial Assets Act will both come into force on 1st November 2018, paving the way towards Malta's emergence as the "Blockchain Island". In addition to the Acts, various Consultation Documents have also been published in draft form by the Malta Financial Services Authority ("MFSA") and the Malta Digital Innovation Authority. These set out additional statutory requirements and guidance to persons wishing to operate in this industry, and are expected

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