Calm Confidence in Malta
Channel: KCN News
Date: 2018-02-21

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The government of Malta wants to attract interest to companies involved in cryptocurrencies. For this purpose, a bill has been drafted to create a special digital data registration center in Malta — the Digital Innovation Authority. The new center will certify the blockchain-platforms and monitor the cryptocurrency transactions. Also, the conditions for holding the ICO will be formalized. The law sets up rules regarding services directly related to cryptocurrencies. Intermediaries such as banks, brokers, stock exchanges, investment advisors, wallet suppliers and asset managers will be subject to its provisions. The ultimate goal is to promote innovation by creating a successful ecosystem.

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