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Topic: Malta is playing strong game - page 2. (Read 259 times)

hero member
Activity: 3080
Merit: 603
October 06, 2018, 07:54:42 PM
#4
Malta is now one of the crypto haven. The prime minister has given a speech about what crypto is in the future.

Malta's Prime Minister Hails Crypto as 'Future of Money' in UN Speech
jr. member
Activity: 196
Merit: 1
October 06, 2018, 07:39:09 PM
#3
There are many news about Malta and the blockchain. It seems that the country is really making serious moves and preparing the a regulatory system to impulse the Blockchain.
"Legislative action
On July 4, the Maltese parliament passed three bills to set a regulatory framework and drive innovation in blockchain-like technologies. The government hopes these laws will attract foreign financial tech companies to establish themselves in the country."


These are some news related to the case:

- Blockchain summit in November. Here.
- Malta in CNN news: "Wants to become the Blockchain islands"
- Bills passed here.

And the interesting thing is that they are starting by providing full clarity, which could be done by any country, is just that most seem "to busy".


To me, the small Island is already asserting itself as a strong force to reckon with in cryptocurrency. The country will benefit immensely from the several blockchain summits and events it has played host to.
legendary
Activity: 1876
Merit: 3132
October 06, 2018, 07:15:37 PM
#2
Malta is becoming extremely friendly for cryptocurrency businesses. The biggest cryptocurrency exchange in Poland - BitBay decided to move to Malta because of more clear regulations. I would not be surprised if it became the place where major national cryptocurrencies would have most of their hashrate. Won't other countries start to threaten Malta to stop encouraging crypto usage?

Malta is definitely going to earn a lot of money on these actions despite their tax reliefs. Mining farms need enormous amount of electricity to run = huge profit from the electricity tax.
newbie
Activity: 9
Merit: 1
October 06, 2018, 05:31:53 PM
#1
There are many news about Malta and the blockchain. It seems that the country is really making serious moves and preparing the a regulatory system to impulse the Blockchain.
"Legislative action
On July 4, the Maltese parliament passed three bills to set a regulatory framework and drive innovation in blockchain-like technologies. The government hopes these laws will attract foreign financial tech companies to establish themselves in the country."


These are some news related to the case:

- Blockchain summit in November. Here.
- Malta in CNN news: "Wants to become the Blockchain islands"
- Bills passed here.

And the interesting thing is that they are starting by providing full clarity, which could be done by any country, is just that most seem "to busy".

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