Malta’s financial authority proposes a cryptos investment rulebook

Europe Malta

A proposed rulebook for investment funds focusing on cryptocurrencies has been published by Malta’s Financial Services Authority (MFSA).

The rulebook will be now subject to public consultation until next month. Once approved it would regulate Professional Investor Funds (“PIFs”) with an investment objective in cryptocurrencies.  which have the investment in virtual currencies as their investment objective.

“The main proposals introduced within this new rulebook aim at safeguarding the interest of investors and the integrity of the financial market in the context of virtual currencies,” reads the announcement.

About the author

Maciek Klimowicz

Maciek Klimowicz

A seasoned writer and editor with 10 years of experience in a variety of print and online media. Recognizing the transformative potential of the blockchain technology, Maciek has now put his pen to work to explore the key issues of this fast-evolving sector. Contact him on [email protected].

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