Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 12 OCTOBER 2018

Minister To Give Force Of Law To The Acts

Chetcuti Cauchi Advocates
Chetcuti Cauchi Advocates
Contributor
Chetcuti Cauchi Advocates

Chetcuti Cauchi Advocates

Chetcuti Cauchi Advocates is one of the top-ranked firms throughout The Legal 500 Malta. With...

View firm profile
Explore more from Chetcuti Cauchi Advocates

On the 11th of September, Joseph Cuschieri, CEO of the Malta Financial Services Authority (MFSA) announced that Malta's three blockchain Acts will come into force as of the 1st November 2018.

MaltaTechnology
Priscilla Mifsud Parker
Priscilla Mifsud Parker
Author LinkedIn connections

Date of enactment of Blockchain acts announced

On the 11th of September, Joseph Cuschieri, CEO of the Malta Financial Services Authority (MFSA) announced that Malta's three blockchain Acts will come into force as of the 1st November 2018. The Acts have already been unanimously approved by Parliament, however, will officially start regulating the industry on 1st November 2018. Over the summer, the MFSA has also published various consultation papers to provide further instruction to issuers of ICOs, cryptocurrency exchanges, technology companies and other service providers in the industry.

What does this mean for operators?

As of the 1st November, prospective licensees and issuers will officially start operating under the new Virtual Financial Assets Act. Until then, VFA Service Providers (including cryptocurrency exchanges, as well as issuers of ICOs may commence offering their services in an unregulated manner which does not constitute a breach of law. VFA

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Malta Implements National Framework For The EU Cyber Resilience Act

Malta has published Legal Notice 238 of 2026, establishing the national regulatory framework for the EU's Cyber Resilience Act and designating the Malta Digital Innovation Authority as the central enforcement body. With vulnerability reporting obligations already in effect since September 11, 2026, manufacturers of digital products must now navigate new compliance requirements ahead of the regulation's full application in December 2027.
MaltaTechnology
Fenech Farrugia Fiott Legal (FFL)
Fenech Farrugia Fiott Legal (FFL)
Article

EU Reaches Compromise On PSD3 And PSR: Tighter Harmonisation, Crypto Rules And Stronger Consumer Transparency.

The European Union has reached a compromise on the Payment Services Directive 3 (PSD3) and Payment Services Regulation (PSR), introducing sweeping changes to harmonise payment rules across Member States. The package addresses fragmentation under PSD2 by migrating conduct-of-business rules into directly applicable regulations, while introducing new provisions on cash access, cryptocurrency payment services, fraud liability, and open banking.
European UnionTechnology
WH Partners
WH Partners
Article

EU AI Act Update: What Will Apply From 2 August 2026 And What Is Being Postponed?

The Council of the European Union has reached a provisional agreement on the Digital Omnibus Regulation, introducing significant amendments to the EU AI Act that will reshape compliance timelines and expand prohibited practices. Key changes include postponing high-risk AI system obligations to December 2027, accelerating transparency requirements for AI-generated content, and introducing new bans on non-consensual intimate imagery generation.
MaltaTechnology
Mamo TCV Advocates
Mamo TCV Advocates
Article

The Enforcement Shift: Why Cyber-Negligence In Malta Now Carries Direct Liability

Recent legislative changes in Malta have fundamentally transformed cybersecurity from a technical IT concern into a critical matter of corporate governance and legal liability. With the introduction of Legal Notice 89 of 2026 and the rise of AI-enabled cyber threats, organizations now face direct enforcement mechanisms and heightened expectations for cyber-risk management that can expose both companies and their directors to significant consequences.
MaltaTechnology
GVZH Advocates
GVZH Advocates
Article

Malta Permanent Residence For Americans: Requirements, Costs & Benefits (2026)

Growing numbers of American citizens are exploring permanent residence options in Europe, with Malta's Permanent Residence Programme emerging as an attractive pathway. This comprehensive guide examines how US citizens can obtain permanent residence in an English-speaking EU Member State through qualifying investment, while maintaining their primary residence in America and gaining long-term flexibility to live and travel throughout the Schengen Area.
MaltaImmigration
Chetcuti Cauchi Advocates
Chetcuti Cauchi Advocates
Article

Malta Permanent Residence For Indians

Malta's Permanent Residence Programme offers Indian nationals a structured pathway to EU residency through property investment and government contributions totaling €99,000. This comprehensive guide examines the legal framework, eligibility requirements, financial obligations, and strategic advantages that make Malta an increasingly popular destination for Indian families seeking European mobility and long-term security.
MaltaImmigration
Chetcuti Cauchi Advocates
Chetcuti Cauchi Advocates