May
22

Second Reading in Parliament for Blockchain Bills: The Virtual Financial Assets Act and the legal framework for ICO’s

Second Reading in Parliament for Blockchain Bills: The Virtual Financial Assets Act and the legal framework for ICO’s
The Maltese Government has presented the much anticipated Virtual Financial Assets Bill (the "Bill") for its second reading in Parliament. The Bill provides further clarity as to the manner in which virtual assets (termed "Virtual Financial Assets" ("VFA") will be regulated in Malta, specifically in relation to the issuing of ICOs in or from or within Malta.This includes the necessary license requirements and conditions which must be adhered to by individuals or entities who issue VFAs or who provide certain specified activities in relation to VFAs. The Bill, whic...
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5096 Hits
May
22

Second Reading in Parliament for Blockchain Bills: The Virtual Financial Assets Act and the legal framework for Virtual Financial Asset Exchanges

Second Reading in Parliament for Blockchain Bills: The Virtual Financial Assets Act and the legal framework for Virtual Financial Asset Exchanges
The Maltese Government has presented the much-anticipated Virtual Financial Assets Bill for its second reading in Parliament.  The Bill introduces a regulatory framework in relation to the issuing of Initial Virtual Financial Assets (more commonly known as International Coin Offerings or "ICOs") . The publication of the Bill comes at a critical time, given the rapid surge in interest in Malta from several cryptocurrency exchanges since the Government first announced its intention for Malta to become the "Blockchain Island". In a world where rigorously regulat...
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  4697 Hits
4697 Hits
May
22

Second Reading in Parliament for Blockchain Bills: The Innovative Technology Arrangements and Services Act

Second Reading in Parliament for Blockchain Bills: The Innovative Technology Arrangements and Services Act
One of three recent and significant legislative developments in the field of blockchain and Distributed Ledger Technology ('DLT') was presented by the Maltese Government for its second reading in Parliament . The Bill is aimed at promulgating a framework for " Innovative Technology Arrangements and Services" ('ITAS') . The ITAS Bill is intended to go hand in hand with the also newly publicised Malta Digital Innovation Authority Act (the ' MDIA Act', an overview of which may be accessed here  ) and the Virtual Financial Assets Act (the 'VFAA', an overview of w...
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  4379 Hits
4379 Hits
May
22

Second Reading in Parliament for Blockchain Bills: The Malta Digital Innovation Authority Act

Second Reading in Parliament for Blockchain Bills:  The Malta Digital Innovation Authority Act
The spearhead of Malta's new three-pronged legal regime on innovative technology arrangements and cryptocurrencies, the Malta Digital Innovation Authority Bill (the "Bill"), was presented to Parliament for its second reading, marking a fundamental step towards a new legislative milestone in Malta's efforts to become a trailblazer in the global blockchain revolution. Once promulgated, the new Act will lay down the guiding principles of the soon-to-be-formed public body charged with the duty of promoting and developing Malta's new born innovative technology sector.T...
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  4685 Hits
4685 Hits
May
19

MAMO TCV Advocates to deliver presentation at Cryptocurrency Conference organised by SkillsMalta on the 31 May 2018

MAMO TCV Advocates to deliver presentation at Cryptocurrency Conference organised by SkillsMalta on the 31 May 2018
Dr. Christina Scicluna and Dr. Luke Mizzi will deliver a presentation at a conference on cryptocurrencies organised by SkillsMalta, which will be held on the 31 May 2018 at The Palace Hotel, Sliema. The presentation will focus on the current and proposed regulatory framework surrounding cryptocurrencies, ICO's and exchanges, with particular emphasis on the proposals put forward to date by the Malta Financial Services Authority and by the Government through the issue of a number of consultation documents . For further details on the conference, kindly view the foll...
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  3779 Hits
3779 Hits