Malta recently became a hub in the cryptocurrency space. Cryptocurrency exchanges like Binance, OKEx, and Zebpay are moving to or partnering with the European Island country because of the friendly stance the Maltese government has adopted towards cryptocurrency.
00:27 Regulatory overview
02:01 The "Financial Instrument" Framework
02:33 Proposed framework for cryptocurrency
03:16 Virtual Financial Assets Act
04:22 The Financial Instrument Test ("FIT")
05:52 Future development
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