MALTA, 31st OCTOBER 2018
Trust Payments have today published a definitive guide on Malta’s ground-breaking legislation around blockchain and cryptocurrencies which comes into effect on November 1st. The release coincides with the announcement of the group’s exciting new blockchain initiatives.
The new Maltese legislation coming into play on November 1st coincides with the Malta Blockchain Summit taking place on the island on November 1st-2nd, which will mark the beginning of official regulation of cryptocurrencies. Malta, the world’s first ‘Blockchain Island’ is home toTrust Payments acquiring bank acquiring.com, whose acquiring solutions will be integral to the group’s future blockchain strategy. On the eve of the new legislation, Trust Payments have published a complete guide educating readers about the new legislation, with an executive summary, the background of the new laws and the role of acquirers in the evolving landscape.
“Our new guide comes at a time of unparalleled innovation within the blockchain space, and will prove a useful tool to anybody connected with the world of crypto and in the payments industry as a whole,” Jonathan O’Connor, Chief Commercial Officer at Trust Payments said. O’Connor will be meeting industry leaders this week at the Malta Blockchain Summit.
In addition to the guide, ST Group have announced several new business initiatives connected with the new legislation, which will look to enable its payment gateway and acquiring services to connect with cryptocurrencies, InsurTech web applications and Ripple Blockchain.
“We have been very busy working closely with new and existing clients in the build-up to the Maltese crypto-revolution,” Jonathan O’Connor added. “Our payment solutions will now have a completely new dimension to them thanks to the addition of blockchain technology in our arsenal. We’re now even better equipped to power the payments of growing businesses.”
If you would like to meet with Jonathan O’Connor at the Blockchain Summit, please give him a call on +1- 404 -908-3422 or send an email to [email protected]
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