Blockchain regulations in Vanuatu legislation to gain assistance from the Maltese Government.

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The parliament of Maltese passed three bills that lay defined regulatory framework and legal environment for the crypto and blockchain industries second quarter of this year.

Though the Reserve Bank of Vanuatu stated, they do not recognize cryptocurrency as a legal tender in their country and are not issued or regulated by the bank itself.

As time goes by, the creation of awareness and openness of the cryptocurrency industry boost in the said country.

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