MFSA

With the alarmingly increasing rate of illicit activities associated with cryptocurrencies including Bitcoin, the Maltese government, through a Financial Crime team created by the MFSA, a monetary regulator, has decided to up its game by reinforcing inspection and compliance in order to combat the challenge of financial crime. With this result, the MFSA’s existing resources have been increased by a newly established team offered by FTI Consulting, a multinational business consultancy company based in the United States (US).

Malta Financial Services Authority (MFSA) is carrying a wide consultation exercise to guarantee that every stakeholder is properly informed on what the 3 cryptocurrency and blockchain laws which were recently passed, imply.