Secure Trading has published a definitive guide on Malta’s ground-breaking legislation around blockchain and cryptocurrencies which comes into effect today – a release which coincides with the group’s new blockchain initiatives.

Secure Trading

The new Maltese legislation comes into force on the same day as the Malta Blockchain Summit is held, marking the beginning of official regulation of cryptocurrencies.

Malta, the world’s first ‘Blockchain Island’, is home to Secure Trading Group’s acquiring bank acquiring.com, whose acquiring solutions will be integral to the group’s future blockchain strategy.

On the eve of the new legislation, Secure Trading Group has 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, CCO at Secure Trading said. O’Connor will be meeting industry leaders this week at the Malta Blockchain Summit, which runs both today and tomorrow.

In addition to the guide, ST Group has 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,” 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.”