Dmitriy

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[Dmitriy @Dmitriy40160215]

I invite stakeholders, operators within this space, investors, entrepreneurs, and innovators to be part of yet another exciting chapter for Malta and be part of the Blockchain Island.”

[Dmitriy @Dmitriy40160215]

Malta will be the epicenter of the Blockchain industry

[Dmitriy @Dmitriy40160215]

It is no accident that the Delta Summit 2018 currently being held in that country has been chosen for this particular time, with Malta positioning itself once again as a world leader in embracing every aspect of new technology as part of its fintech portfolio.

[Dmitriy @Dmitriy40160215]

he current proposed legislation, the Malta Digital Innovation Bill, the Virtual Financial Assets Bill, and the Innovation Technological Arrangements Services Bill are major steps along that route.

[Dmitriy @Dmitriy40160215]

With three highly significant bills at their second reading in the Maltese Parliament, Malta is pushing towards being the first country to bring into law every regulation necessary to fully support the cryptocurrency industry.

[Dmitriy @Dmitriy40160215]

Malta’s Parliamentary Secretary Silvio Schembri has announced at this week’s Delta Summit 2018 that Malta wants to be leading the cryptocurrency race, not the last one in.

[Dmitriy @Dmitriy40160215]

First Block Capital became a mutual investment fund late last year. It works in a similar way to an ETF, enabling investors to purchase and store the equivalent of Bitcoin and redeem as and when needed.

[Dmitriy @Dmitriy40160215]

https://t.co/J9mmBKvSfB

[Dmitriy @Dmitriy40160215]

Best Exchange for Best Experience

[Dmitriy @Dmitriy40160215]

The CEO sees his company as an example of how crypto forums can and should work closely with government regulators to push innovation into the frontline of technology.

[Dmitriy @Dmitriy40160215]

He maintains that the position in the US is quite different where the SEC seeks to have more control as a regulator which consequently restricts new innovations from taking hold.

[Dmitriy @Dmitriy40160215]

Clark cites conditions in the Canadian crypto environment such as promoting educational awareness of new technologies

[Dmitriy @Dmitriy40160215]

and the government’s political will to push technology forward as indicators that the authorities fully comprehend the potential of blockchain and cryptocurrency to replace outmoded technologies:

[Dmitriy @Dmitriy40160215]

“I think in general, the Canadian regulatory bodies understand the potential benefits of blockchain and cryptocurrency, and traditionally Canadian regulators have been open to technological innovation. That is different from what you get in places like the US.”

[Dmitriy @Dmitriy40160215]

CEO of First Block Capital, Sean Clark, has called for Canada to become a leading hub for crypto development and innovation due to his country’s more favorable conditions for new technologies.

[Dmitriy @Dmitriy40160215]

The head of Canada’s first fully-registered cryptocurrency investment firm has said that the country is further advanced in cryptocurrency policy than its neighbor the US.

[Dmitriy @Dmitriy40160215]

https://t.co/yNGITngvTv

[Dmitriy @Dmitriy40160215]

Canada Better Geared for Crypto Than US, Says Fund Boss

[Dmitriy @Dmitriy40160215]

Follow the Bitcoin News Daily Podcast on Anchor, iTunes, Spotify, Google Podcasts, Stitcher, Radio Public, Pocket Casts, Overcast, Castbox, and Breaker.

[Dmitriy @Dmitriy40160215]

Hear about the largest Bitcoin block on record which weighed in at 2.26 MB. Learn about how 42% of all Bitcoins are being held in institutional sized wallets that have had no outflows since Bitcoin’s peak price in December 2017.