Malta: MFSA is yet to implement blockchain laws

Malta MFSA is yet to implement blockchain laws

The Malta Financial Services Authority (MFSA) has stated that the approved blockchain laws have not been implemented. The authority has asked the blockchain companies to wait for seeking approvals and authorizations. The distributed ledger technology (DLT) is to be governed under the Virtual Financial Assets Act (VFAA). The law is under consultation phase.

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