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ARTICLE · 27 JUNE 2018

Maltese Parliament Has Unanimously Approved Second Reading Of All Three Cryptocurrency/Blockchain/DLT Bills

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The Maltese Parliament has yesterday, Tuesday 26th June unanimously approved three Bills during a second reading in Parliament as announced by Parliamentary Secretary for Digital Innovation Hon. Silvio Schembri.

MaltaTechnology
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The Maltese Parliament has yesterday, Tuesday 26th June unanimously approved three Bills during a second reading in Parliament as announced by Parliamentary Secretary for Digital Innovation Hon. Silvio Schembri. This milestone development will make Malta one of the first countries to soon adopt a legal framework for ICO's, Exchanges and Innovative Technologies and position Malta as an attractive jurisdiction for investors and operators in the industry.

The Bills are the following:

  1. The Malta Digital Innovation Authority Act
  2. The Innovative Technology Arrangements and Service Act
  3. The Virtual Financial Assets Act which introduces a legal framework for the regulation of ICO's and Exchanges

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