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Malta: Financial Services Authority Publishes Consultation on Investments in Virtual Currencies

On October 23, 2017, the Malta Financial Services Authority (MFSA) launched a consultation in an attempt to detect and introduce the appropriate rules to ensure investors’ safety and market integrity in the context of investments in virtual currencies (VCs) by setting out the framework for the regulation of the collective investment schemes investing in VCs.

This consultation constitutes a part of the government’s effort to develop a strategy that will embrace blockchain innovation and develop the digital economy.

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