Post
Topic
Board Press
Re: [2017-04-28]No Reason to Run Bitcoin and Blockchain Business in Malta
by
farl2web
on 02/05/2017, 21:49:30 UTC
Strangely, all countries are positive about the system of blockades, and Malta is not. There are internal reasons for this, of which no one will tell us. Maybe it's because the system is Blockchain too open

Lol. Did you read the article before you comment?

Malta is very vocal about bitcoin and blockchain technology. There is even a draft about Malta's strategy to promote bitcoin and blockchain because they want to adopt bitcoin in general. Here' is a quote from chairman of the Economic and Financial Affairs Committee, Labour MP Silvio Schembri.

Malta can attract even 1 percent of the UK’s fintech post-Brexit, “it would mean an injection of €200 million into the local economy.” He wants Malta to have “the world’s best environment for the development and commercialisation of fintech models and disruptive innovation,” thus fulfilling his dream for the country to become the “the Silicon Valley of Europe”, Malta Today reported.


However, those who said "No" are bitcoin lawyers, entrepreneurs, and traders from Malta. They have their reasons whether valid or invalid. Kindly read the article to better grasp what the discussion is all about.


Probably little else who understands that the popularity of Bitcoin can not be avoided and that each country will have to reckon with the crypto currency, and countries like Malta can only contribute to this process.