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ARTICLE · 01 JUNE 2018

Malta - ICOs And Digital Innovation Technology - The Imminent Regulated Environment

KINANIS LLC
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KINANIS LLC

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The innovative blockchain technology has entered our life and powerfully continues to lead any new sophisticated development in all areas of business.

MaltaTechnology

A. INTRODUCTION

While jurisdictions and legal systems around the world are expressing concern about cryptocurrencies, Malta is promulgating legislation that should give exchange owners and users certainty about the future. The rules are considered to be a one-stop-shop package that will deal with the establishment of a new authority, regulated exchanges and license Initial Coin Offering (ICO) companies and related business. The main aim is to offer legal certainty to the industry.

Following the plans of crypto-giants to relocate to Malta, many others are following suite, and the tiny Mediterranean island is expecting to see a surge in licensing applications for such related-businesses.

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