There are many news about Malta and the blockchain. It seems that the country is really making serious moves and preparing the a regulatory system to impulse the Blockchain.
"Legislative action
On July 4, the Maltese parliament passed three bills to set a regulatory framework and drive innovation in blockchain-like technologies. The government hopes these laws will attract foreign financial tech companies to establish themselves in the country."

These are some news related to the case:

- Blockchain summit in November. Here.
- Malta in CNN news: "Wants to become the Blockchain islands"
- Bills passed here.

And the interesting thing is that they are starting by providing full clarity, which could be done by any country, is just that most seem "to busy".