Malta Government Publishes Three Distributed Ledger Technology (DLT) Bills

The Maltese Government recently published the three bills which shall implement a framework for Distributed Ledger Technology (DLT).

The Malta Digital Innovation Authority (MDIA) Bill is to provide for the establishment of an Authority to be known as the Malta Digital Innovation Authority, to support the development and implementation of guiding principles described and to promote consistent principles for the development of visions, skills, and other qualities relating to technology innovation, and for the exercise by or on behalf of that Authority of regulatory functions regarding innovative technology arrangements including distributed or decentralised ledger technology, and related services and to make provision with respect to matters ancillary thereto or connected therewith.