Papilio Services Limited

Valletta, Malta
Number of Offices 1
Expert Count 3
Company Size 10 - 100
Contact Info
Address 168 St Christopher Street
VLT 1467
Areas of Practice
  • Tax Planning
  • Corporate Law
  • Tax Law
  • Fiduciary and Trustee
  • Company Formation
  • Other Consultancy
Valletta Malta
168 St Christopher Street
VLT 1467
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Tsvetan Tsachev from Papilio Services Limited shared a news item
13:55 18 June 2018

DLT Regulation in Malta The Maltese Government published three bills relating to Distributed Ledger Technology (DLT) on 22 May 2018. The bills were the following:

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Malta has become the first European Union Member State to regulate blockchain-based businesses and their service providers, cryptocurrencies and initial coin offerings. Indeed, on the 26th June 2018, Maltese Parliament has unanimously approved three legislative bills which continue to strengthen Malta’s profile as the Blockchain Island.

The Malta Financial Services Authority (‘MFSA’) has issued a consultation paper on The Virtual Financial Assets Regulations to be issued under the Virtual Financial Assets Act (the ‘VFAA’). These proposed Regulations are intended to supplement the provisions of the VFAA. The purpose behind them is to safeguard financial stability, promote market integrity and ensure investor protection. For detailed information, please visit: