Malta’s MFSA Seeks to Change Its Crypto Rulebook to Align With EU’s MiCA

MiCA, which takes impact in 2024, represents the world’s first complete crypto regulation in a serious jurisdiction, permitting service suppliers to function throughout the bloc with a single license. As an EU member, Malta desires to align its crypto guidelines with MiCA and “guarantee a clean transition for Digital Monetary Belongings (‘VFA’) Service Suppliers” within the nation, the regulator stated in its session.