Video - 1 November 2018

Remaining Malta Blockchain Acts Given Force of Law

The VFA Act and the ITAS Act officially set up the legal framework which will regulate DLTs in Malta. By setting out clear definitions and classifications within the law, consumers will be able to enjoy legal certainty within the industry. These acts establish an innovation friendly environment which encourages the growth of the industry as well as the protection of the investors.

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Contacts

Mr Steve Muscat Azzopardi

Senior Manager, Corporate and Fintech asksma@cclex.com +356 22056608

Dr Priscilla Mifsud Parker

Senior Partner Corporate and Trusts askpmp@cclex.com +356 22056603

Chetcuti Cauchi Advocates Awarded Law Firm of the Year at Malta Blockchain Summit

International malta based law firm, Chetcuti Cauchi Advocates was awarded Law Firm of the Year at the Malta Blockchain Summit. This is a testament to the continuous efforts made by the members of its team, as well as an indication of its leading position within the industry.

4 October 2018 15:07

The Blockchain Report: Insight into Blockchain laws around the World

Chetcuti Cauchi Advocates has taken the initiative of producing a report which analyses the different approaches governments around the world have taken towards the Blockchain industry. By analysing such regulations, the report is able to determine the impact these will have on blockchain-based businesses.

4 October 2018 10:58

The MDIA Launched at the DELTA Summit in Malta

The Malta Digital Innovation Authority has officially been launched, allowing for the setting up of the authority responsible for innovative technologies. This authority must strike a balance between establishing regulations to follow, whilst at the same time not hindering innovation within the industry.

5 October 2018 15:30

Malta launches Sandbox for DLT and Virtual Currencies

The Malta Gaming Authority has recently announced an initiative which will allow individuals to forge a relationship between iGaming and Blockchain. By taking such an avant-garde approach, Malta is fostering further innovation within the industries. It is, therefore, truly establishing itself as a leader within both rapidly evolving industries.

4 July 2018 17:49

World 1st Comprehensive DLT Legislation enacted in Malta

The Maltese Parliament has approved three Bills aimed at seamlessly regulating DLTs, i.e. blockchain, cryptocurrencies, and ICOs. Malta is not the first to regulate this sector, but it will be the first to have a comprehensive legislative framework.

2 August 2018 17:36

New Malta Gaming Act comes into force

A new Gaming Act coupled with complimentary subsidiary legislation and regulations specifically catered for the gaming sector, have officially been implemented on the 1st of August 2018.

11 September 2018 20:56

Minister to give force of law to Malta Blockchain Acts

The Malta Financial Services Authority has announce the date in which Malta will be bringing into force the three blockchain acts. Operators will, therefore, be able to rely on secure legislation when setting up their blockchain businesses or when relocating to Malta once the laws come into force. This will also allow Malta to truly establish itself further as the Blockchain Island.

28 June 2018 16:53

Three Malta blockchain bills approved at second reading

The Maltese Parliament has been the first to unanimously approve three blockchain bills. The unanimous approval was announced by Hon. Parliamentary Secretary for Financial Services, Digital Economy and Innovation Silvio Schembri on the 26th June. It has also been held that Mr Stephen McCarthy has duly been appointed the CEO of the newly established Malta Digital Innovation Authority.

11 April 2018 18:45

MFSA issues supplementary conditions for crypto hedge funds

In October 2017, the Malta Financial Services Authority ("MFSA") had launched a consultation document which outlined a draft regulatory framework for Malta Professional Investor Funds investing in virtual currencies.

17 May 2019 07:49

MFSA issues Fintech Strategy for Malta

A strategy for FinTech in Malta was issued by the MFSA, establishing Malta’s position as a leader within the industry.

2 November 2018 07:28

Malta Launches Artificial Intelligence Vision

Malta has developed a national strategy for the development of Artificial Intelligence. This policy will bring about further economic growth within the industry of digital innovation. In such a way, Malta will continue to develop as a leader within the digital innovation industry. The strategy will create an environment in which to bring about the proper development of industry.

13 August 2019 09:38

Malta’s VFA Framework – What Next?

During 2018, the VFA Framework was implemented in Maltese Law. Since then, various other jurisdictions have taken initiatives to implement their own VFA framework. Moreover, movements in the European Union to harmonise this industry have also been anticipated.