Malta the Blockchain Island launched world's first framework for Distributed LEDGER Technologies. In 2018,Malta government passed the blockchain friendly regulations targeting crypto geeks to start the company in Malta. The government of Malta fully supports new startup, innovation related to blockchain. Even there is tax cutoff for companies that are willing to start crypto business in the Malta.
There are many startup company established in the Malta. The all credit goes to the friendly legal provisions of Malta government. The fund raising/ICO(Initial Coin Offering) has been easier for the new company as the there are many entrepreneur supporting the blockchain technology.
Malta is one of the nation including the country like Switzerland, Singapore that has shown positive response regarding the blockchain development and crypto currency exchanges. Many entrepreneur/analyst believe that Malta will be the next hub for blockchain companies in the world.
