Freewallet

Crypto Regulations That Made Malta Flourish

Malta has literally paved its own way in the world to no longer serve as a resort for English learners. One of the smallest countries in the EU and having no natural resources, Malta is really good at understanding its strengths. Over the years, it has been ready to listen, seize opportunities, and run with them for a simple reason. It is its tiny size that enables Malta to implement any idea in the short time period.

Call it adventurous, but this country was the first to introduce the regulation of online gambling, which now accounts for 12% of its gross national product. Home to 500+ online casinos, Malta issues licenses to websites putting them on the UK Gambling Commission’s “whitelist” under the terms of competitive licensing fees and appealing tax rates.

Wanna learn more? Read the full article on CryptoGlobe.com