ARTICLE · 21 FEBRUARY 2018

Malta Digital Innovation Authority Unveiled

Finance Malta

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A public consultation on the establishment of the Malta Digital Innovation Authority, the framework for the Certification of Distributed Ledger Technology Platforms and Related Service Providers was launched on the...

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Malta – a leader in DLT Regulation, implementing its vision of being a global leader in innovative economy

A public consultation on the establishment of the Malta Digital Innovation Authority, the framework for the Certification of Distributed Ledger Technology Platforms and Related Service Providers was launched on the 16th February 2018.

Parliamentary Secretary Silvio Schembri explained that the aim of the proposed framework is to offer legal certainty to a space that is currently unregulated, and touches on a number of issues, including types of authorisations, legal personality and the applicability of law to smart contracts. This legal framework will provide an environment conducive to the development of this technology and help position Malta as a natural destination for businesses that operate in this space.

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