Malta has quickly established its reputation as a regulatory stronghold within the European Union, enacting the first comprehensive legal framework for crypto-asset service providers, and setting up the first regulatory authority that certifies DLT-based technology arrangements.
Malta was one of the first countries in the world to introduce a solid legislative framework for operators in the crypto sector, such as exchanges, custodians, brokers, and payment processors.
The VFA framework offers four license classes allowing CASPs to operate with regulatory and legal certainty. And the world's leading crypto exchanges, such as Crypto.com, OkCoin, and Gate, have obtained their VFA in Malta.
Malta enjoys a stable political climate with accredited economic growth. It’s also part of the commonwealth and EU, making it a perfect platform for trade and free movement.
From direct government support to attractive tax incentives, Malta is one of the leading jurisdictions for business ventures to thrive.
Not only does it guarantee safety and stability, but it also supports the growth and emancipation of your business.
At BCAS, we’re proud to have supported the creation and development of the VFA framework since its inception in Malta.
As an MFSA-authorised VFA agent, we offer services to leading international crypto firms who’ve decided to establish a presence in the country. BCAS also supports the VFA Forum, a meeting point between the various stakeholders of the crypto community on the island.
With years of business history in Malta, we understand the jurisdiction like no other crypto legal advisor. Get in touch today to learn how we can help you.