MFSA issues consultation paper on The Virtual Financial Assets Regulations
05 July 2018
Following the positive feedback the Malta Financial Services Authority (MFSA) received for the introduction of a new legislative framework regulating ICOs and the provision of services in relation to virtual currencies, the MFSA issued a consultation paper on a set of Regulations to be issued in terms of the Virtual Financial Assets Act.
The MFSA drafted the following legal notice which sets out regulations on:
- Control of assets;
- Administrative penalties and appeals;
The MFSA is seeking feedback from the public until 20th July.
For further detailed information on this consultation paper, please click here.
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