EToro: Malta steps us efforts to become the established land of crypto
Numerous jurisdictions have been jostling for position to become the established land of crypto. Malta has thrown down the gauntlet, hoping to lay the foundations for a thriving crypto community on the island, facilitating cross-border trade, too.
Blockchain and cryptoasset development is clearly a key priority for the government, which was among the first jurisdictions in the world to establish cryptoasset regulation.
We ve always advocated for governments to develop conductive regulatory environments, and it seems that the world is waking up to this reality. While nations like Malta are one step ahead, other jurisdictions need to fall into line if they are to keep pace with blockchain development.
Matthew Newton, analyst at the global investment platform eToro
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