The opportunities offered by Malta, as the first jurisdiction in the world with a regulatory framework for blockchain, were discussed during an Italy blockchain roadshow organised by FinanceMalta in Turin and Milan.
The roadshow’s aim was to discuss the characteristics of this legislation and the advantages offered by the three laws regulating distributed ledger technology, virtual financial assets and smart contracts.
The delegates were welcomed by Malta’s Ambassador to Italy Vanessa Frazier, followed by an introduction on the financial services industry in Malta by FinanceMalta chief operating officer Ivan Grech. In his presentation ‘Malta the Blockchain Island’, Gianluca Busuttil from David Zahra & Associates Advocates spoke about the regulatory and legal frameworks available in Malta and how companies looking at Malta want to be regulated.
This was followed by a presentation on the Italian legislation by Luca Egitto from R&P Legal. The event came to an end with a panel discussion, moderated by Federico Vasoli of dMTV Global, where the panellists discussed the comparison between Malta and Italy in this regard and the fact that Malta is the first country to create such a comprehensive framework.
The events were very well attended by Italian business leaders and international media, including Wall Street Italia, Il Sole 24 Ore and media representatives from Le Fonti live web streaming, who invited the speakers to attend a blockchain and fintech event that was also being held at the Borsa di Milano the following day.