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Malta as an already proved leader in a number of emerging trends and markets in again on the forefront to become one of those countries to official accepts crypro currencies within its domestic market. As already mentioned earlier this year by the Prime Minister Joseph Muscat that Malta will become one of the first countries in the world to embrace blockchain and that the strategy will soon be put up for public consultation.
This strategy was also praised by Mr Abdalla Kablan, who is the Chief scientific officer of Sixcap, a Singapore-based digital company. He used the below words: -“Malta is well placed to tap into blockchain, as it has fantastic financial services and IT sectors and it’s just a matter of bridging the gap,” he said. “Many in Singapore believe Malta can become the Fintech capital of the world, and we can truly take the world by storm.”