Malta’s financial regulator is seeking to stop risks from its new virtual asset licensing regime spilling over into other parts of the country’s financial sector, following a rebuke from the International Monetary Fund (IMF).
The Malta Financial Services Authority (MFSA) has issued draft guidance to credit, payments and e-money institutions that offer accounts to fintechs, including those using “artificial intelligence, distributed ledger technology, the internet of things and cloud technologies”.
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