Malta PM Confirms Parliament Will Pass Three Cryptocurrency Bills
Malta PM Confirms Parliament Will Pass Three Cryptocurrency Bills
In a press conference today, Malta’s prime minister Joseph Muscat confirmed the parliament will favor and approve three cryptocurrency bills designed to embrace the blockchain sector. The Mediterranean island nation’s prime minister revealed the bills will pass the third and final reading on Wednesday’s evening session to become law.
The Parliamentary Secretary for Digital innovation and Finance Silvio Schembri stated:
“This is the last stage of the legislation that will put Malta on the international map for blockchain and crypto regulation. There is political consensus on this roadmap and we are foreseeing that this area will be the mainstay of our economic growth for the next 4-5 years”.
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