The Malta Financial Services Authority (‘MFSA’) published a new set of rules regulating collective investment schemes using virtual currencies.
The Commission has welcomed the entry into force of new rules obliging Member States to give tax authorities access to data collected under anti-money laundering legislation.
The Malta Financial Service Authority (the ‘MFSA’), Malta’s regulator for the Financial Services industry, published the consultation document in November 2017
Bitcoin, virtual currencies, crypto currencies, digital currencies, blockchain, smart contracts, peer-to-peer, private keys, public keys, API’s, DLT, altcoins, coins prefixed with the vulgar term for faeces, tokens, ICOs - even the terminology is evolving at a pace that is hard to keep up with. So what is all the fuss about? Let us start with the first term on this list - Bitcoin.
Zeta assisted with the incorporation of Coin Direct Limited, a company incorporated in the Isle of Man.
Detection, prosecution and prevention: by targeting the source of illicit profits, one will be in a position to shut down the generation of a criminal network. This is what the Directive seeks to implement.