That is an advantage for them and it is also the best preparation that most countries could do to gain a good profit when the bull market runs. Countries who are getting involved in crypto are the ones who are open for the adoption of cryptocurrency as currency.
Malta has also good advantage for crypto start ups but with this kind of set of ruling for blockchain related start ups, it will attract and can increase the awareness of it in the country. Countries like South Korea are now totally friendly to blockchain and crypto.
They are often with it and the people's feedback are overwhelming. Positive news all the time but the reality speaks that whatever the good feature that this technology offers, some countries are not willing to adopt it. Hope to see more countries do this.