Malta: Attractiveness of Malta for Blockchain Industry

Over the last eighteen months, digital currencies and their related systems have taken the world by storm, and each one seems to be investing and trading in with digital coins like Eth and BTC and many others. There’s no doubt that this system is set to transform the worldfrom education to medical care, real estate to finance and voting- no one is left unturned with regard to the ground-breaking power of cryptocurrencies. Today, Malta is becoming the hub of this new technology and here are the reasons why. 

Amazing Geography 

Malta, with regards to the scene or setting has it all. You can reach this place in just a matter of three hours or less from major airports in Europe. The country has a remarkable community of friendly expat, and locals can speak English, fantastic infrastructure, quality education as well as healthcare services. The climate is glorious, and it’s rich in culture and coastline and beaches are truly inviting. Malta has the ideal location in the hub of the Mediterranean. It provides an exceptional lifestyle to that works and lives there. 

Support from the Governments and Flexibility of the Regulation 

About digital businesses, this place has a very welcoming jurisdiction. Many years ago, Malta was the first county to legislate in support of iGaming business. Today, Malta is the most appreciated online gaming regulatory power all over the world, similar with digital currencies, ICOs, as well as blockchain system. 

The government of Malta has outlined three laws, which when passed and approved, will pave it place as the only jurisdiction in the world to make a legal structure that protects operators and clients while making sure the continued progress of the sector. The growth has resulted in a massive influx of ICO’s into the region with business giant Binance which announce that they have a plan of putting up a branch in Malta.

When the latest legislation is wholly implemented, Initial Coin Offerings will be vetted as well as regulated, brokers, investment managers, as well as eWallet companies will be managed, and clear standard will be recognized that will keep the operator and the consumer safe and sound. 

A Very Welcoming Setting for Business 

Those who wish to set up a business, remit revenue, employ staff as well as commence operation from Malta, the whole process is more straightforward compared to any other jurisdictions. 

Malta provides great economic incentives, easy to build company structures, an array of double taxation treaties, as well as perks for businesses which choose to make this place their new home. The flexibility, as well as the support Malta offer, can take a headache and stress out of starting a business. 

ICOs, blockchain technology, as well as digital currencies, aren’t going anywhere sooner or later as time goes by, it’s becoming more apparent and evident that if you wish to be in this business, Malta indeed the best place.

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