Over the course of time, Malta has gradually become the Fintech core in the Mediterranean region. Thanks to their enormous efforts in the field, numerous parties are interested in distributing their services there. What are the key peculiarities of the Fintech industry in Malta? Keep on reading to find it out.
Fintech & Monetary Asset Operations in Malta
Achievements of the local authorities are enormous. On the one hand, they have developed a legal space for entities to create and put on record their shared ledgers. On the other hand, it is the chief country around the globe to establish consistent terms and conditions to enable a trustworthy performance of end users in the cryptocurrency, Virtual Financial Assets, and blockchain environments.
Start-up businesses can easily access this so-called breeding ground. One of the best things for them is the ability to test their deals in a fluid development environment in Malta. The local hub is constantly improving and enhancing its capabilities in the role of an incubator of professional gaming companies.
There are a couple of major organizations that are engaged in these activities, including the Malta Information and Technology agency and the Malta Financial Services Authority. The latter has an impressive influence on the field in this case. Besides, the University of Malta takes part in establishing its own spaces of innovation for the target audience. As a result, such operations as insurance policies, risk management systems, and payments are deprived of the lion’s share of drawbacks and issues. More modifications are expected to be implemented in the upcoming seasons.
Authorized Assistance in Virtual Financial Assets Services in Malta
Without a doubt, Malta is a pioneer in the field of taking regulatory measures to control and support the performance of the Fintech technologies. To keep up with their tempos of development and innovation, interested parties are welcome to apply for the services of the Consultancy Company VERITAS JUS. Commencing a Fintech operation in terms of the VFA act isn’t a problem for beginners and non-experienced customers anymore — our experts will act on your behalf and implement your ideas in the best way possible.
Among the services we offer, it is worth highlighting the following:
- company incorporation and administration;
- advisory and licensing in the range of VFA 1-4 classes;
- financial test endorsements;
- investment advice on virtual assets, their operation and custody;
- crypto-exchange support;
- fiscal prospects and whitepaper/business plan complication;
- financial test endorsement;
- legal support in the role of an authorized VFA agent.
For more significant information, feel free to reach out to our VERITAS JUS support team and write to email veritasalw2009@gmail.com.