Malta regards cryptocurrencies as the future of money
Moris Beracha .- The discussion on the regulation and use of cryptocurrencies in Europe and other countries worldwide is ignited and many countries regard these digital assets as significantly important in the economic future of countries. At the meetings of the General Assembly of the United Nations Organization, held in New York City this 2018, the Prime Minister of Malta, Joseph Muscat, said that digital assets will inevitably be the future of money thanks to Blockchain technology and for that reason the governments of the world should pay special attention to this issue. “I passionately believe technology revolutionizes and improves systems. That’s 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 an inevitable future of money. More transparent, it helps filter good business from...