MFSA releases Consultation Paper on the Virtual Financial Asset Rules for Issuers of Virtual Financial Assets.

The MFSA has issued a consultation paper in order to present to the industry a draft legal notice setting out regulations on [i] the high level principles which VFA issuers must adhere to; [ii] the requirements for VFA issuers; [iii] initial VFA offerings and trading on DLT exchanges; and [iv] enforcement and sanctions in the event of misconduct by VFA issuers.

The consultation period will run until the 13 August 2018. For further details on ICOs, virtual currencies, Blockchain technology applications, and other related matters, please contact us on info@dfadvocates.com or telephone +356 2131 3930 / +356 2134 0401 .



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