MALTA, 31st OCTOBER 2018
Representatives from Trust Payment’s acquiring bank – acquiring.com – will be meeting industry leaders this week at the Malta Blockchain Summit, an internationally-renowned expo on Blockchain, AI, Big Data, Quantum Technology and IoT.
Malta, dubbed the world’s first ‘Blockchain Island’, has recently passed three sets of ground-breaking legislation to make it the very first country to officially regulate cryptocurrencies. The legislation will come into effect on 1st November, coinciding with The Blockchain Summit on the 1st and 2nd. The event is fully-endorsed by the Maltese government and will feature 5000 delegates and world-class speakers, and 300 exhibitors and sponsors.
The Blockchain Summit will be a hive of activity for cryptocurrency companies looking to connect with innovative and experienced payments partners to help them profit from the new laws in Malta. Licensed, Malta-based acquirers such as acquiring.com will help cryptocurrency companies to reap the benefits of the new legislation by meeting customer demand for convenient and quick payment methods. Partnering with the right Malta-based acquirer in the evolving landscape of regulated cryptocurrency payments will be critical in providing customers with safe and experienced acquiring that is paramount in this time of flux.
“As a licensed Malta-based acquirer, acquiring.com welcomes Malta’s passing of its three new cryptocurrency laws,” Jonathan O’Connor, Chief Commercial Officer of Trust Payments said. “acquiring.com has been quick to react to several widespread disruptions in payments for the past 20 years, so we’ve experienced the emergence of countless payment types and technologies, and improved and strengthened our solutions accordingly. Nothing, however, has more potential to reshape the entire payments industry than cryptocurrency—an entirely different form of currency that has vastly increased in value, use, and public and merchant acceptance.”
“At acquiring.com we want to empower companies for commerce, not limit them,” Ryan Cachia, Managing Director of acquiring.com said. “Cryptocurrencies represent a giant leap forward in achieving this. Our team are monitoring the regulatory framework developments and are ready to use our experience to facilitate cryptocurrency payments and use, now and into the future.”
If you would like to meet a member of the acquiring.com team at the Blockchain Summit and discover how our payment solutions can accelerate the growth of your business, call us on +44 0203 7645050 or send an email to [email protected]