MiCA, which takes effect in 2024, represents the world’s first comprehensive crypto regulation in a major jurisdiction, allowing service providers to operate across the bloc with a single license. As an EU member, Malta wants to align its crypto rules with MiCA and “ensure a smooth transition for Virtual Financial Assets (‘VFA’) Service Providers” in the country, the regulator said in its consultation.
Malta’s MFSA Seeks to Change Its Crypto Rulebook to Align With EU’s MiCA
