Tag: Joseph Cuschieri

How Will New Gaming Bill Affect MGA License Holders?

The Maltese parliament will soon decide on the fate of a new gaming bill that will replace and unify all existing gambling-related legislations in the country. Parliamentary Secretary for Financial Services, Digital Economy & Innovation Silvio Schembri proposed the bill that aims to effectively regulate the gaming industry, ensuring a safe, fun, transparent environment. He

Malta Gaming Authority May Recognize Bitcoin This Year

Malta Gaming Authority (MGA) plans to undertake major changes to its regulation office. One of these changes is the addition of a national betting exchange that lets operators hedge their bets. Among the possible Malta Gaming Authority changes is its acceptance of virtual currencies like Bitcoin. In February, MGA announced its draft for a national

New MGA AML Unit Can Hasten Cryptocurrency Acceptance

Malta Gaming Authority (MGA) has formed a new anti-money laundering (AML) unit to root out organized crime activities and restore Malta’s public image. The new MGA AML Supervisory Unit has been in full operation as it conducts on-site and off-site inspections among MGA license holders since December last year. This unit was also involved with