The Malta Financial Services Authority has today issued a Discussion Paper on Initial Coin Offerings (ICO), Virtual Currencies (VC) and Services Providers. The purpose behind this paper is to present a policy to the industry for the regulation on ICOs, VCs and service providers involved in ICOs and/or other VC activity. Currently the MFSA is…
The Malta Financial Services Authority has published a discussion paper on initial coin offerings (ICOs), Crypto Currencies and related service providers. Should you wish to discuss anything please do not hesitate to get in contact with us on [email protected], or visit our website for further information. Consultation MFSA document can be downloaded here Issued: 30…
A multimillion-euro online gambling racket involving parlours across Italy was directly connected to a server hosted by a Qormi-based company, the Times of Malta was told. Months-long investigations by the Italian fiscal police led to the arrest of seven people suspected of involvement. They included Massimiliano Fullin and Fabio Veglianetti, directors of Medialive Limited, which…
Join us at SiGMA 2017 – the biggest iGaming event of the year! IGA is a one stop shop to provide you with a turnkey solution for the acquisition of a Gaming License from different jurisdictions including Malta. Our advisory will assist you to set up the whole process of your operations irrespective if you…
Further to the recent booming of the cryptocurrencies and blockchain technologies, we are seeing a ripple effect of request to implement these trends within established and start-up gaming companies. You want to be innovative and be ahead of others? There is no other option, but to venture yourself into the acceptance of cryptocurrencies and…
Cryptocurrencies and the prevention of Money Laundering The European Parliament and the Council of the European Union is doing its best to take up with the technological changes and innovation. It has presented an amendment to 4th AMLD to regulate all cryptocurrency exchanges in EU. It is also the intention to look into the possibility…
Malta Gaming Authority chairman Joe Cuschieri will be taking the helm of the Malta Financial Services Authority once the current and long-serving chairman Joe Bannister steps down at the end of the year. This newspaper is also informed that Labour MP and former tourism minister Edward Zammit Lewis had first been approached to take on…
BetConstruct has announced that Vahe Baloulian is to step down from his role as chief executive of the company. Baloulian will leave the position at the end of the month, with Vigen Badalyan, founder and executive chairman of the firm, to take over from November 1. Having joined BetConstruct as a strategic advisor in 2011,…
The Malta Gaming Authority once again participated in the EY’s Malta Annual Attractiveness Survey Conference, with the main theme for this year being: ‘Thinking without the box: Disruption, Technology & FDI. This conference, which brings together key public and private sector stakeholders in the Maltese economy evaluates Malta’s attractiveness as an FDI (Foreign Direct Investment)…
Paddy Power Betfair has announced that is to withdraw its Paddy Power brand from Italy, but will retain a presence in the country through Betfair Italia. The PaddyPower.it platform will shut down in December, with customers set to be migrated to Betfair.it. Sources suggest the decision to withdraw was made shortly after Paddy Power and…