The Maltese Government has announced that in the coming weeks, Malta will be launching the world’s first legal framework for the creation of a regulatory body to regulate services in the sectors of Blockchain, Artificial intelligence and IOT devices. Malta is currently working together with the industry to come up with a legal framework that satisfies the AML and KYC regulations, without stifling innovation in technology. Malta wants to become a country which would allow investors to invest in this sector, operate within a legal structure and provide services to potential customers who want to make use of new services related to blockchain technology.
Malta to regulate the blockchain technology services sector
The Maltese Government has announced that in the coming weeks, Malta will be launching the world’s first legal framework for the creation of a regulatory body to regulate services in the sectors of Blockchain, Artificial intelligence and IOT devices. Malta is currently working together with the industry to come up with a legal framework that […]
Written By ACT Team
On January 22, 2018
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