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 seeking feedback with detailed proposals to draft the legal framework. As an expert in the field, IGamingAdvisors will surely contribute to this proposal and make sure a robust and effective set of regulations are setup. It is important that although the regulations will make sure that all requirements are adhered to, the business objectives of our firms will not be hindered in any way.
At iGamingAdvisors we truly believe in innovation and it is our philosophy to support startups and already established companies within this sphere.
We currently have an already proved internal process which can lead any company for this establishment. This process is a professional engagement between your company with our team of professionals. It will be our task to assist into preparing all the necessary technological framework as well as all regularity requirements to be well prepared for this proposed regulation.
We already service a number of companies which are in the process to establish their own ICOs and their own Virtual currencies, whilst also servicing already established companies offering VC related services.
At IGA we also service a number of gaming companies to acquire a license from any jurisdiction including the MGA. It is also important for us that our clients adhere to their business objectives and generate profits year on year.
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.
