Article written by: Avi Mizrahi
The Maltese legislatures have gone out of their way to ensure they won’t use any terms that might appear to put them in odds with current European sentiment. So they don’t refer to Bitcoin, Cryptocurrency, ICO or anything that might ring familiar to anyone with a negative perception of these. Instead they make up new definitions to govern the “Distributed Ledger Technology” industry.
“DLT asset” means a virtual token; a virtual financial asset; electronic money; or a financial instrument, that is intrinsically dependent on, or utilises, Distributed Ledger Technology. “DLT exchange” means any trading and, or exchange platform or facility, on which any form of DLT asset may be transacted.
Read the whole article here: https://news.bitcoin.com/no-insider-trading-market-manipulation-and-misleading-whitepapers-maltas-new-crypto-law/
Can the law really protect against different forms of market abuse?
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