![Maltas-MFSA-Seeks-to-Change-Its-Crypto-Rulebook-to-Align.jpg Malta's MFSA Seeks to Change Its Crypto Rulebook to Align With EU’s MiCA](https://cryptotoptrends.com/wp-content/uploads/2023/09/Maltas-MFSA-Seeks-to-Change-Its-Crypto-Rulebook-to-Align-678x381.jpg)
MiCA, which takes effect in 2024, represents the world’s first comprehensive crypto regulation in a major jurisdiction, allowing service providers to operate across the bloc with a single license. As an EU member, Malta wants to align its crypto rules with MiCA and “ensure a smooth transition for Virtual Financial Assets (‘VFA’) Service Providers” in the country, the regulator said in its consultation.
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