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Malta Passes Blockchain Bills Into Law, ‘Confirming Malta as the Blockchain Island’ By Ana Alexandre

4 JULY 2018 COIN TELEGRAPH EXCERPTS | FULL ARTICLE

The Parliament of Malta has passed three bills into law that establish a regulatory framework for blockchain technology, local news outlet Malta Today reported July 4. The bills include the Malta Digital Innovation Authority Act, the Innovative Technological Arrangement and Services Act, and the Virtual Financial Asset Act. Silvio Schembri, Junior Minister for Financial Services, Digital Economy and Innovation within the Office of the Prime Minister of Malta, tweeted about the passing of the bills today, noting that the island nation is a pioneer in providing a solid legal framework for blockchain companies.

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