Malta - Blockchain Island
It seems interesting that I made a post tonight at Steemhunt, Malta, aka "Blockchain Island." Companies and projects in the cryptocurrency and blockchain space continue to play "arbitration arrangements", moving from one country to another to find a safe port.
Malta has taken a leading position in this migration because of its blockchain friendly laws, from company registration to taxation.
This has made companies such as Binance, the world's largest cryptocurrency exchange, to establish a large presence in Malta.
Service providers, from lawyers to detention solutions to trade desks have developed.
In short, the entire small island economy focuses on lasers to support the growth of blockchain and cryptocurrency initiatives.
The video below, produced by Cointelegraph, provides a great view on Malta. Let's watch.
This is posted on Steemhunt - A place where you can dig products and earn STEEM.
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