In recent months, the regulation of cryptocurrency in Malta has developed significantly. The state is creating new laws that will allow businessmen to register firms on favorable terms, as well as license their own business.
Registering an ICO in this European country is considered to be a profitable solution for business specializing in cryptocurrency. For the implementation of the procedure for a short period of time it is recommended to contact IT-OFFSHORE specialists.
New laws on cryptocurrency activities
The legislation of the island country of the European Union - Malta - is one of the most progressive in the regulation of the block chain and cryptocurrency assets. The state is of interest to many block chain companies. According to statistics, the country is the most attractive for the development of activities related to cryptocurrency.
This result was obtained as a result of competent regulation of the block chain. To attract this type of business, additional benefits have been developed. The country aims to become a center in the field of DLT, as well as ICO and business related to BTC and other cryptocurrencies.
What laws were considered by the Parliament and may soon become effective:
• On digital innovation;
• About virtual assets.
Innovations are created to improve the regulation of companies and entrepreneurs who plan to register a company in the island state for ICO. For some time, the planned principles will be edited, the final decision on the adoption of new laws should appear at the end of the year.
Opening company in Malta
To set up crypto funds, as well as settle issues related to ICO, it is recommended to contact IT-OFFSHORE experts. Consultation is provided in relation to the opening of the company, as well as the peculiarities of the work of cryptocurrency exchangers, new variants of virtual coins, the specifics of the country's legislation regarding cryptocurrency.
Developed laws in Malta allow you to create a regulated market, which will subsequently provide an opportunity to obtain a license to work with the ICO in this island nation. Opening a company in Malta to work with cryptocurrencies is relevant not only after the adoption of innovations, but also for the present.