Blockchain with startups

How Blockchain Can Protect Your Startup Business? Working in the cryptocurrency industry in 2018 is like being the most interesting person at a party: Everyone is curious about you, everyone wants to learn more about what you do and everyone has questions. There is something enigmatic about crypto companies. The market overall is on track to exceed…

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Guidelines in Relation to Distributed Ledger Technology (DLT)

Guidelines concerning the taxation of DLT Assets under the Income Tax Act, the VAT Act and the Duty and Documents and Transfers Act were published by the Commissioner for Revenue.   Download the respective files through the links below; Guidelines on Income Tax Treatment in Relation to Distributed Ledger Technology (DLT) Guidelines for the purpose of…

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Blockchain Laws To Come Into Force 1st November 2018

Malta has fast become a global leader in the regulation of blockchain-based businesses and the jurisdiction of quality and choice for world class fintech companies. Bringing professionals who understand and embrace decentralised technology together with the island’s best legal minds. As expected and by virtue of Legal Notice 306 of 2018 and Legal Notice 307…

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MFSA publishes FAQ document about The Virtual Financial Assets Framework

The Malta Financial Services Authority has published a document outlining frequently asked questions in relation to the Virtual Financial Assets Framework. It provides key information on the framework itself, classification of DLT assets, VFA agents, Initial Virtual Financial Asset Offerings, VFA service providers, AML/CFT requirements and transitory provisions. It was compiled as a result of…

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Budget 2019: What’s in it for you?

Malta expects to register a fiscal surplus for the fourth successive year in 2019 and forecasts its economy to grow by 5.3 percent in real terms, Finance Minister Edward Scicluna said on Monday when he presented the Mediterranean island’s 2019 budget.   The 2019 Malta Budget as always kicks off with emphasising Malta’s economic success over the…

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Blockchain – Sifting Sense from Sensation

The whirling hype of blockchain and the race to benefit from its instant click efficiency and spiralling profitability continues to generate truckloads of excitement. It is rocking captains of industry and the maritime sector is on the frontline of all the buzz. But what really lies behind the seductive spin? As a decentralised ledger database…

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Gauci-Maistre Xynou Supports Malta Maritime Summit 2018

Gauci-Maistre Xynou (Legal | Assurance) is once again proud to be sponsoring the upcoming Malta Maritime Summit following its successful launch 2 years ago. Held at the Grand Hotel Excelsior in Floriana, the summit unveils who and what is radically transforming one of the world’s most vital and vibrant industries while provoking debate. Visitors are…

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25th June: International Day of the Seafarer

  The Maritime community is celebrating today, the International Day of the Seafarer as a way to recognise their unique contribution in the maritime world. This year the IMO chose the  theme “Seafarers’ wellbeing” as a particular concern on the seafarers’ mental health, whereby the campaign will address specific strategies to tackle stress and other…

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