Malta approved 3 Blockchain and crypto bills in the 2nd reading in Parliament yesterday, June 26. The first two of them, Technology Arrangements and Services Bill and the Virtual Financial Assets Bill, provide regulation of digital ledger technologies under the control of the Malta Digital Innovation Authority. read more
The Malta Stock Exchange (MSX), together with crypto exchange OKEx is creating a new institutional grade security-tokens platform for trading.
Crypto Exchanges Heading to Malta
Previously, Cointrend.me had covered the news about several crypto exchanges moving to Malta due to its friendly regulations. OKEx was among them, and after signing a Memorandum of Understanding (MoU) with MSX, they launched a joint project called OKMSX – a conscientious trading platform respecting Know Your Customer (KYC) principles and security expertise. read more
The University of Malta has signed an agreement with the Malta Information Technology Agency (MITA) to offer a €300,000 ($351,000) blockchain and distributed ledger technology (DLT) scholarship, Times of Malta announced August 29.
Making the Future Bright for the Technologies
The grant is established for students specializing in information and communications technology (ICT), engineering, finance and law. It will be split over 3 years. Students studying blockchain and DLT can apply for the fund to benefit for Master's and PhD researches.
Prime minister of Malta, Joseph Muscat, has expressed his positive view on the potential of cryptocurrency and the blockchain technology at the 73rd Session of the General Assembly of the U.N.
There’s No Escape from Cryptos
In his speech on September 27, Muscat stressed cryptocurrency’s importance for the financial industry:
"Blockchain makes cryptocurrencies the inevitable future of money, more transparent since it helps filter good businesses from bad businesses."
Vanuatu is a small island country in the Pacific Ocean that wants to regulate its crypto industry in the proper way.
The Reserve Bank of Vanuatu (RBV) published a statement claiming that cryptocurrencies are “not recognized as legal tender in Vanuatu and are not issued or regulated by the bank”.