Malta has recently approved three new bills aimed at cryptocurrency legislation. One of these bills specifically focuses on the framework for cryptocurrencies and ICO's. Malta continues to be leaps and bounds ahead of other countries in the blockchain space. You can read more about it here!
https://cryptodisrupt.com/malta-set-to-fly-into-crypto-space-with-strong-regulatory-framework/Do you agree the Malta is setting themselves up beautifully for the future of digital currencies?
Yeah. They really wanted to be the hub for all crypto related and I'm sure that when this bill is approved, more ICO companies will moved to Malta and take advantage of it being a crypto friendly nation.
And remember that Binance also chooses them to be their headquarter which is a good sign for them. Other nation should follow as well, and if they do, this will result to Malta's economy growing because of all the ICO projects coming in and even give its local a job perhaps. Let's see how it goes but it looks like they are setting themselves very nicely specially in the future.