Giving his speech on the UN general assembly, the president of Malta said that the cryptocurrency was the future of money and the blockchain technology would make bank system more reliable and better in general.
First, it's a political speech. Politic speech doesn't necessarily reflect the politician's opinion.
Second, Malta is crypto friendly, Malta tells everybody they are crypto friendly, since they need investments and crypto field is one where big money is involved.
So I see his speech as a commercial: crypto companies, come to Malta, we'll believe in you, or pretend to, as long as you pay some so needed taxes to us.