Topic: Malta First To Regulate Alt Coins. (Read 258 times)

So Nice to hear Malta become the first country to regulate Altcoins. I think that the economy of Malta will grow speedily. Among Rest of the world, Malta is one of the first country to start working on development and implementation of regulations applicable to cryptocurrencies and blockchain to effectively control and regulate the new upcoming industry. Therefore Malta has one of the most demanding due diligence process to confirm eligibility of the applicants to obtain access to benefits Malta Citizenship may open up. That the scheme would become more exclusive in terms of eligibility of applicants. Malta makes the cryptocurrency as a legal tender in their respective country so that people can make the best use of cryptocurrency in their life and can also earn from it. This a good start for an altcoin. There is future in Malta for cryptocurrency as they warmly welcome altcoins.  Hoping that more countries would see this potential as Malta did.

 7 years? I would say it's a little bit too much. 2-3 years for coin with regular development would be good. Or I misunderstood it?

I agree that Binance moved there because they are very open about crypto and you can find a few country that is legally open to crypto. And if you guys would look at Malta, they are one of the first countries to embrace online gambling, which really a thriving business not just in Europe but all over the world now and since crypto has been used as a standards, it makes sense for them to really become a crypto hub. And they offer a lot of incentives like very low tax or big tax exemptions. I'm sure that Binance has started the precedence and more big trading exchanges will move to Malta once they have been pressure by their local governments.

If the first adopting countries are wise enough to rush into holding btc even with the country's treasury, then it will help their economy faster before others come up to it. Otherwise, it is not a first come but business, you have to take adequate step to it and not just to adopt it.

It was expected that Binance moved to Malta.  Almost all offshore operations take place there.

It is nice to see the market expanding and that countries like Malta are giving some thought and actually act favorably upon it. But one of the reasons Binance moved to Malta is to do with auction which was only possible by means of Malta being an offshore zone for crypto related exchanges.

Counrties which will do this first will be winners in future others will lose ,its like internet ,electronic money and others  at first people deny it ,then start to understand .

I am sorry, this is english topic. You can fined local thread with you language on the first page of the forum.
And i am, actually from Ukraine and i hope, that we moving in the same way as Malta. I like Binance. It's very progressive exchange.

good job。。。。。

It would be really great to see the same situation in every country. I'm glad for Malta.

Binance moved to Malta because it plans to add Fiat pairs to the auction. In Japan, it was impossible. I think Malta claims to be an offshore zone for cryptocurrency exchanges. I hope it will work out. Bittrex also added a dollar to the auction but the output is only possible for corporate clients. Later promise to make this function for all. Probably also changed the registration address.

Yeah usually , people tend to be scared to start up something, they wait for someone to initiate it but Malta has not been looking back. They have commenced this in Europe and I know more progressives will join because blockchain is now unstoppable as some countries have started adopting it in their election process.

Wow, I've noticed all of those smileys that's surrounding your sentences. 

Malta is only of the countries that are free in cryptocurrency and declared their support as well. Their 0% tax for crypto profits might change in the future when they have seen a significant growth in their entire country.

And that can be in a way where exchanges will have to fly their main offices or satellite offices built there. This is one of the best examples of what a country should do so that the crypto economy will keep on growing and will be recognized.

That's how they built their country in the last couple of years. And inviting Binance and actually have them is one of their crowning glory for being as crypto friendly nations out there. Kudos to them.


How about the tiger of Baltics dude, haven't heard of them?


As you can see there's no stopping this tsunami that Japan is now carrying. It will really conquer the world and its just a matter of time before countries will really decide what sides there are. Otherwise they will be left out in the closet when this crypto suddenly exploded in the next 5 years.

The progress cant be stopped.
Who open for new technologys - will win.
Who dont want - will leave in stone age soon =)
Malta - go up!

Кoмпaния Binance – пepвый гигaнт, y кoтopoгo кpиптoиндycтpия пepexoдит нa Maльтy. B тo вpeмя кaк влacти вeдyщиx cтpaн миpa пытaютcя вcё бoльшe и бoльшe yжecтoчaть гocyдapcтвeннoe peгyлиpoвaниe в cфepe кpиптoвaлют, миpoвaя кpиптoиндycтpия нe ждeт, кoгдa нa ee шee зaтянeтcя этa yдaвкa. B кpyг иx интepecoв пoпaдaют тe юpиcдикции кoтopыe пpeдлaгaют пepcпeктивныe и кoмфopтныe ycлoвия. Кaк, нaпpимep, кoмпaния Binance coбиpaeтcя пepeнecти cвoю штaб-квapтиpy нa Maльтy. Ha ocтpoвax плaниpyeтcя oткpыть нoвый oфиc, a этo oкoлo 200 paбoтникoв, и пepeнecти тyдa вce глaвныe плoщaдки.

I wish that each country in the world can learn form the Malta and make the cypto currency as a legal tender in their respective country so that people can make the best use of cyrpto currency in their daily life and can also make the earning out of it.

Malta is the crypto paradise, Malta is the early adopter of bitcoin and altcoin almost all of the investor move to Malta

In Asia, the most advanced country in terms of blockchain and cryptocurrencies is Japan. In Europe, Malta claims the place of such a country.  No wonder the exchange Binance moved to Malta. I think that the economy of Malta will grow several times thanks to cryptocurrencies.

  :o
        
        Malta has welcomed one of the worlds biggest Cryptocurrency exchanges namely 'Binance'. Please see: MaltaBlockchainSummit.com for               
        more detailed information on what the president of Malta is saying.                                                                                                                 
                                                                                                                                                                                                                          
                                                                                                                                                                                                                          
       MFSA accepts first applications from Alt Coins to become regulated. New ICO MB8Coin.io has released news of having their application submission
       accepted : twitter.com/MB8Coin
 
 
       It is exciting to see Cryptocurrency finally breaking into main stream with Countries financial Authority Bodies reviewing Alt Coins for regulatoin.
 
      Please Note: The MFSA will only review an Alt Coins ability to be regulated if it is linked to a company that has been running for at least 7 years.
 
 
  :o