Oct 1, 2018 11:19 UTC
Oct 2, 2018 at 15:13 UTC
Malta’s Prime Minister says Crypto is the Future Money
“I passionately believe technology revolutionizes and improves systems. This is why in Malta, we have launched ourselves as the blockchain island. By being the first jurisdiction worldwide to regulate this new technology that previously existed in a legal vacuum. Blockchain makes cryptocurrencies inevitable future of money. More transparent it helps filter good business from bad business.”
The CEO of world largest crypto exchange Binance, Changpeng Zhao, in March also showed its healthy investment interest in Malta by stating that the company is committed to investing in Malta and its local cryptocurrency market to assist the growth of the local blockchain industry. He stated that:
“After reviewing a proposed bill, we are convinced that Malta will be the next hotbed for innovative blockchain companies and a centre of the blockchain ecosystem in Europe. Binance is committed to lending our expertise to help shape a healthy regulatory framework as well as providing funds for other blockchain start-ups to grow the industry further in Malta.”
Malta has quickly become a leading region in the global cryptocurrency and blockchain market and is the reason for nations growing economy.