We are glad to communicate that the MFSA have granted AC Securities, the registration of the first cell on Cryptocurrencies ever.
At the end of 2017 Malta's financial regulator started a discussion paper on virtual currencies in order to provide regulations into the sector, the aim of the MFSA’s proposal is to devise a policy framework that supports VCs whilst ensuring effective investor protection. At the beginning of 2018 the conversations had come to a satisfactory end, been Malta one of the first countries to accept Cryptocurrencies as an investment asset.
AC Securities Cell 3, CCBA CryptoCurrency Market Note, is a tracker certificate which allows participating in an underlying instrument’s performance in a transparent way and with a single transaction. This product will primarily invest in cryptographic, decentralized assets, such as Bitcoin, Ethereum and similar decentralized ledger technology-based tokens.
(*) Acknowledgement issued to AC Securities Cell 3 CCBA Crypto Currency Note.