Virtual Financial Asset Act in Malta
Malta’s VFA Act safeguards crypto markets and protects investors. MistTrack helps to ensure compliance with powerful AML and risk management solutions.
Malta's government implemented theVirtual Financial Asset Act (or VFA) in 2018.Itregulatesthe virtual asset markets in Malta aiming at supporting the innovation of financial services related to crypto-assets while protecting consumers, financial markets integrity, and stability.The regulation is supervising both cryptocurrency service providers and cryptocurrency issuers.VASPs must submitan application for registration through a VFA agent authorized by the Malta Financial Services Authority.MFSA's website.
