Parliamentary Secretary for Financial Services, Digital Economy and Innovation Silvio Schembri awarded the first Blockchain and DLT scholarship grants to 19 students. “These 19 awardees are a symbol of courage to embrace change and we definitely need more like them. I thank the University of Malta...
IFSP working on fintech regulation, tax matters, AML and more The IFSP has been kept busy over 2018, a situation which looks set to continue through 2019. Through the IFSP Council and sub-committees, a wide range of issues each with a potential for profound impact on...
The PMLFT sub-committee is another that has been kept busy during 2018, and will continue to be deeply engaged through 2019. Again, there are a number of strands to the committee’s efforts: the Register of Beneficial Owners (RBO), the updated Implementing Procedures (both Part 1...
New areas of business are always welcome, but bring with them new risks and concerns as well as bright opportunities. Fintech in general, cryptocurrencies and distributed ledgers technology is a case in point. The establishment of a regulated environment for virtual financial assets within the...
The new Virtual Financial Assets Act will come into force this October, making Malta the first jurisdiction to create a regulated space for virtual assets, cryptocurrencies and other finance-related activities mediated through distributed ledger technologies like blockchain. A newly regulated area needs licensed operators and service...
Maltese government wants to be pioneer in embracing blockchain and woo companies to the island The Maltese government has started revealing details of an ambitious plan to turn the island into one of the first countries in the world to embrace the blockchain technology. In an interview...
Cryptocurrency ATM made its debut this weekend A local entrepreneur has beaten a budding startup to the race to unveil Malta's first Bitcoin ATM. The machine, which has been installed outside a Sliema shop on Blanche Huber street, allows users to buy Bitcoin and check their ewallet...