This summer Malta’s parliament gave unanimous approval to legislation that provides crypto sector businesses and investors the regulatory certainty necessary to launch projects related to security tokens.
The legislation consists of three bills. Their provisions constitute the world’s first integrated framework for the regulation of government-sanctioned token offerings
Malta is to become the first country in the world to hire blockchain developers to certify the quality and governance mechanisms of the distributed ledger software.
The Virtual Financial Assets Act (VFAA)
On the opportunities the legal framework of Malta provides the companies engaged in tokenisation, read here.