Bank Account for a Blockchain Company

Bank Account for a Blockchain Company

Introduction Many of you might have heard about the cur­rent strug­gle that com­pa­nies deal­ing with blockchain and cryp­tocur­ren­cies are faced with when try­ing to open a Bank account. Most of our clients ask whether the process is still the same and what are the main require­ments to ulti­mate­ly have an...

Dr. Werner & Partner’s VFA Agent to host exclusive crypto-event in Malta!

Dr. Werner & Partner’s VFA Agent to host exclusive crypto-event in Malta!

On the 21st of June 2019, Dr. Wern­er & Part­ner will be host­ing a for­mal event at the Palace Hotel in Sliema where the offi­cial launch of the VFA Agent com­pa­ny will take place! It promis­es to be a fan­tas­tic evening with a num­ber of key stake­hold­ers, busi­ness part­ners, friends...

Questions and Answers for the Application for Service Provider Licence

Questions and Answers for the Application for Service Provider Licence

Mal­ta has devel­oped a pro­gres­sive approach towards dis­trib­uted ledger tech­nolo­gies and cryp­tocur­ren­cies, to the extent that we have now have a reg­u­lat­ed frame­work. The VFA Act is an inno­v­a­tive leg­is­la­tion which reg­u­lates Ini­tial Vir­tu­al Finan­cial Assets Offer­ings and out­lines their licens­ing require­ments, enti­tled The Vir­tu­al Finan­cial Assets Act, 2018. Now,...

Current developments in crypto currencies and the blockchain on Malta

Current developments in crypto currencies and the blockchain on Malta

On the sun­ny Mediter­ranean island of Mal­ta, every­thing revolves around blockchain tech­nol­o­gy. Before the Mal­ta AI & Blockchain Sum­mit takes place in a few weeks, the Mal­tese gov­ern­ment is mak­ing head­lines with the announce­ment of sev­er­al excit­ing blockchain ini­tia­tives. At the same time, a sep­a­rate bank is being set up...

Regulation of crypto currencies and ICOs — International comparison

Regulation of crypto currencies and ICOs — International comparison

Reg­u­la­tion of cryp­to cur­ren­cies and ICOs are high on the agen­da of gov­ern­ments and finan­cial super­vi­so­ry author­i­ties across Europe. Hard­ly any insti­tu­tion is cur­rent­ly not look­ing into how cryp­to cur­ren­cies and inno­v­a­tive forms of financ­ing such as ICOs and STOs should be legal­ly clas­si­fied or reg­u­lat­ed. How­ev­er, the approach­es and...

Getting ready for an ICO in Malta

Getting ready for an ICO in Malta

Hav­ing cho­sen Mal­ta as the place to set up an ICO giv­en all the reg­u­la­to­ry, lan­guage and the work­force tal­ent ben­e­fits asso­ci­at­ed with this juris­dic­tion, ICO busi­ness­es need to be aware that there are a num­ber of con­sid­er­a­tions which must be tak­en into account before the actu­al offer­ing of their...

Setting up a Crypto Exchange in Malta

Setting up a Crypto Exchange in Malta

Introduction. The pop­u­lar­i­ty of Cryp­to-Exchanges is on the rise. With more entre­pre­neurs will­ing to set up these plat­forms, it makes sense to analyse the impor­tant role Mal­ta [now ubiq­ui­tous­ly known as ‘Blockchain Island’] is play­ing in this new realm of inno­v­a­tive cryp­tocur­ren­cy-based ser­vices. Quite frankly, giv­en the per­ceived ‘high risk’...

MFSA Publishes Guidance Note Against Crypto Scams & Appoints First VFA Agents

MFSA Publishes Guidance Note Against Crypto Scams & Appoints First VFA Agents

Unfor­tu­nate­ly, there are scams and dubi­ous projects in the cryp­to world that try to rob investors of their hard earned mon­ey. Such fraud­u­lent schemes not only lead to the loss of investor assets, they also dam­age the blockchain and cryp­toscene. As Blockchain Island, Mal­ta enjoys an excel­lent rep­u­ta­tion as the...

Initial Coin Offering (ICO) vs. Security Token Offering (STO) in 2019

Initial Coin Offering (ICO) vs. Security Token Offering (STO) in 2019

The buzz­word for alter­na­tive fundrais­ing has been ICO for a “long time” —  “long” in rela­tion to the short lived tech­ni­cal world we are all work­ing in. In actu­al terms, the hype last­ed less than 2 years. There has been plen­ty of good and bad news around the ICO, very...