Two cryptocurrency exchanges, Bleutrade and BeQuant, revealed their plans to set up operations in Malta in separate announcements this week, following in the footsteps of several other exchanges such as Binance, OKEx and Bitbay who announced plans to move to Malta earlier this year. Bleutrade, a Brazilian cryptocurrency exchange platform established in 2014, allows for […]

The Chairman of the Malta Financial Services Authority (MFSA) announced that the country’s three Acts regulating Distributed Ledger Technology (DLT), such as blockchain and cryptocurrency, will come into effect on November 1, 2018. Malta has set its sights on becoming the blockchain hub of the world, and was the first country to establish a regulatory […]

Corrieri Cilia is delighted to announce that the firm has been selected to join the Warwick Legal Network, and is also now listed in the Legal 500 online. Corrieri Cilia is a law firm based in Malta, specializing mainly in international taxation and international business, and providing corporate, management and tax compliance services. The firm […]

Krypton Capital, a venture capital firm with a heavy focus on blockchain and cryptocurrency projects, has announced that they will be moving their headquarters from Kiev, Ukraine, to the Mediterranean island of Malta to benefit from the country’s favourable regulations. “Malta is regarded as an ideal destination for blockchain and crypto-related companies due to its […]

ZB.com, the world’s fifth largest cryptocurrency exchange by traded value, is the latest company to announce that it will be establishing its presence in Europe by launching an office in Malta, further cementing the country’s reputation as the “Blockchain Island.” According to a press release issued by the company, an exchange is set to be […]

The Central Bank of Cyprus is tightening its stance against money laundering by asking the credit institutions that it regulates to avoid doing business with “shell and letterbox companies.” On June 14th, 2018, the Central Bank of Cyprus issued a circular to its supervised banks, advising them against continuing existing accounts or opening new accounts […]

Singapore-based digital asset exchange, ABCC, has announced its plans to establish its European headquarters in Malta, in a move aimed at strengthening its presence in the region and beyond. Additionally, the company announced its sponsorship of the blockchain-focused Delta Summit, being held from the 3-5th October in Malta. The company’s announcement to open an office […]

MFSA Publishes Financial Instruments Test

The MFSA has published the Financial Instruments Test and its corresponding Guidance Note, following the issuance of a previous consultation document on the matter. The Financial Instruments Test is applicable to issuers offering Distributed Ledger Technology (DLT) services to the public in or from within Malta, or anyone seeking to offer a service that falls […]

The world’s first blockchain and cryptocurrency stock exchange was inaugurated in Malta yesterday, with the creation of a new subsidiary by the Malta Stock Exchange which will become its Fintech and Digital Asset arm. The subsidiary, MSX, will be able to operate in the private and technology sectors with joint ventures in the blockchain industry. […]

The VAT yacht leasing scheme has recently been a bone of contention for the EU and Malta has sought to appease the EU by amending the Guidelines Regarding VAT Treatment of Yacht Leasing. Click here for the Guidelines. These Guidelines state that should a lessee be provided with an option to purchase a vessel, being […]

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