Malta is playing strong game

[sinkfish]

There are many news about Malta and the blockchain. It seems that the country is really making serious moves and preparing the a regulatory system to impulse the Blockchain.
"Legislative action
On July 4, the Maltese parliament passed three bills to set a regulatory framework and drive innovation in blockchain-like technologies. The government hopes these laws will attract foreign financial tech companies to establish themselves in the country."

These are some news related to the case:

- Blockchain summit in November. Here.
- Malta in CNN news: "Wants to become the Blockchain islands"
- Bills passed here.

And the interesting thing is that they are starting by providing full clarity, which could be done by any country, is just that most seem "to busy".

Malta is a small country. It's as small as the crypto in the financial world. When looking from many angles will see how the growth of crypto will be how big.

it might become the giant of crypto in future. many big things come from the small country.

[beerlover]

It is just very unfortunate that not every country will be as smart as Malta. Obviously, Malta understands the fact that blockchain is the future, and knows simply that cryptocurrency is the future of money and are ready to be on the forefront knowing the importance it would bring to their economy.

This is a government that knows what they are doing, and they have all the regulation framework in place to be able to get Malta to be a very friendly country when it comes to blockchain and over time, we will get to see how this would obviously help them a lot as we are even beginning to see a lot of blockchain businesses flocking to this part of the world already.

[Peachipconf]

Malta is currently a leader in crypto adoption and  is a great country for uprising projects and exchanges.

[fasdorcas]

Open innovation country like Malta will have a chance to be on top of this Blockchain race in the future. Like Switzerland, Japan, South Korea they understand how valuable this technology is, that's why they are making sure that they're doing the right thing. I hope some other strict countries will loosen their ties to open mind and understand the benefit of Blockchain in their economy. 

I think they really see the benefits of not just using blockchain, but the what it can bring to a small nation just like them. As @figmentofmyass, superpower countries are very timid and less enthusiastic because, they're financially stable as compare to 2nd or 3rd world countries. But what we do like about them is that they really spearheaded it for some time now that's why crypto related projects, exchanges are now moving to them.

That is actually just the thing. They are so fast to see the benefits, they know what the country will derive from it if they take that bold step and we can all see how that has been paving out for them.

We have all seen for a while now, how some of the exchanges alone have been making a huge amount of revenue daily and imagining some other blockchain businesses that will always tend to move to a more cryptocurrency or blockchain friendly zone in the long run will bring to their economy. I guess they are so smart to take the bold step than being a laggard in the long run, which is what most other countries will end up as.