Mr. Silvio Schembri, who is the Parliamentary Secretary for Financial Services, Digital Economy, and Innovation, stated that, "After the laws regarding blockchain, cryptos, and ICOs in Malta are enacted, the banks would become more open to working with companies that deal in cryptos because the industry will have transparency and legal certainty".
I'm not sure that's true, at least with regard to the USA. For instance, Pokerstars and Full Tilt Poker held licenses in Malta before they were taken offline by the US government in 2011. At the time, both sites apparently had so few US banking options that they were both funneling all cashouts through one bank (SunTrust). As it turned out, SunTrust was engaging in fraud to hide the source of the funds.
I strongly believe that Malta is pumping in some fresh new air into the crypto currency market for good. Even though the details of these bills are not yet available in the internet yet, but I believe it will provide the much needed oxygen in to the crypto market and bring back the credibility in ICOs operating from Malta. Good news indeed!
I welcome the news, but I wouldn't get my hopes up. Malta (along with the Isle of Man) entered the online poker industry for the same reasons, but it only did so much.