Most Americans associate the Republic of Malta in 1941. Humphrey Bogart, the private detective Sam Spade, was to star in the military order of the Knights of Malta.
Malta, right in the middle of the Mediterranean, provided a beautiful backdrop for the film. But its strategic location has long placed it at the heart of trade and commerce.
He has been conquered by the Romans, Moors, Persians, Turks, British, French and even Vikings. As a result, Malta has become a real pot of cultures, national cuisines, architecture and people – one of the most beautiful places on our planet.
But I did not go on holiday to Malta. These days, the island has become an important hub for digital commerce. So, in fact, I was there to find out more about the Maltese Government’s plans to make Malta the center of the world’s crypt and block chain.
But thanks to some important recent changes to the law that this small country has made, it has a new big nickname worthy of: Block Chain Island. This is because the Maltese government claims to be the first country to fully regulate the blockchain industry.
On 4 July, Malta adopted three new cryptocurrency laws laying the foundations for a crystal-clear regulatory framework. This is indeed the first country to do so.
The result is that Malta provides a stable environment for cryptographic companies to do business. They do not have to worry every day that the government may force their activities.
No wonder cryptocurrencies – including Binance – are rushing to Malta.
In addition, Malta is preparing a list of cryptocurrencies that will be listed on their stock exchange. And even banks are making great efforts to become more crypto-friendly.
Further reading: Malta: The new cryptopolis of the world?
In short, there is no other such crypt-friendly country in the world. And the Malta Blockchain Summit, which attracted nearly 8,500 visitors, has become one of the world’s most important cryptocurrencies.
I wouldn’t be surprised if your next crypto wallet was at a Malta-based exchange.
But even more important (and profitable) is the influx of bloc companies into Malta.
Keep in mind that blockchain technology gives businesses complete control over how, when, to what extent, and who accesses their information.
The blockchain allows businesses to share sensitive, private information efficiently and securely – without users having to think about cybersecurity for a second.
I predict that the first companies to move to Malta will dominate the bloc chain and cyber security. This means that their shareholders can expect decent amounts of profit.
In fact, I believe you can make a lot more money investing in these winners of the blockchain industry than by investing in cryptocurrencies.
I do not recommend that you avoid cryptocurrencies. I am simply saying that every crypto investor should own both the best cryptos and the best blockchain makers.
This is exactly what Juan Villaverde and I want to achieve with our Weiss Crypto Investor newsletter. For only $ 59 a year, this may be the best cryptocurrency in the world. Please try and let me know if you agree (ENG). You can find the pre-registration of the Estonian version by clicking here.
PS Despite the insane fall in the price of almost all cryptocurrencies last year , 2018 also doubled in the number of crypto investors .
Translation: Lucreds Plus OÜ