Malta Gaming Authority Implement Phase 1 of Crypto and DLT Regulatory Sandbox

DigitalBank is creating the Future of Confidential E-Banking . No Documentation Needed for Opening Accounts .

The First and Only Decentralized Anonymous Banking System in the World .
The DigitalBank is the safest vault for Bitcoin and Cryptocurrency , more secured than any cold storage option available on the markets . You can finally remain independent of third-parties to own your assets.

The DigitalBank breakthrough , is in the signing of transactions without storing any private keys – making the DigitalBank Account near to unhackable .

 

The Best CryptoCurrency Wallet 2019 :

 https://www.digitalbank.capital/

Malta Gaming Authority Implement Phase 1 of Crypto and DLT Regulatory Sandbox root 1 min ago Google+ VKontakte Telegram Viber Malta Gaming Authority Implement Phase of Crypto and DLT Regulatory Sandbox
After successfully establishing a robust regulatory framework for its cryptocurrency industry, Maltese authorities have shifted focus to the gaming world and have now implemented the first phase of its sandbox aimed at favorably regulating the use of distributed ledger technology ( DLT ) and cryptoassets in the gaming world, according to a press release by the MGA on January 3, 2018. MGA Launches the First Phase of Crypto and DLT Sandbox
As stated in its press release, the Malta Gaming Authority (MGA) has successfully launched the first sandbox framework for the acceptance of cryptocurrencies , Virtual Financial Assets (VFA), and the integration of distributed ledger technology (DLT) into the local gaming ecosystem.
The MGA says it has updated its Licensee Relationship Management System (LRMS), to make it possible for new and existing operators in its gaming world to secure approvals for using DLT Assets and seamlessly report VFA player liabilities via the monthly Player Funds Report. The MGA declared:
“An approval to take part in the Sandbox Framework is conditional on the applicant holding the relevant license issued by the MGA, without prejudice to any other regulatory requirements stemming from other applicable legislation, including but not limited to the VFA Act and regulations issued thereunder.” A Long Time Coming, Malta Still at the Crypto Frontline
It’s worthy of note that the MGA first proposed a crypto and DLT regulatory framework for the nation’s gaming industry earlier in March 2018.
At the time, the authority noted it was looking to create a sandbox that would curb all the adverse effects of the use of DLT and virtual currencies in the gaming industry. The objective was to ultimately protect consumers, eliminate crimes, including money laundering and terrorist financing, while also upholding the reputation of the Maltese government.
Per the MGA, this first phase of the Sandbox is expected to last for ten months, and during this time, it will be accepting applications from all interested participants.
Similar to Gibraltar, Estonia, and a handful of other nations, Malta has since thrown its doors wide open for bitcoin -linked firms to operate freely. And it appears that the forward-thinking maneuver has begun yielding interesting results for the state.
In December 2018, BTCManager informed that Tron ( TRX ) and Binance had donated a whopping $200,000 in crypto to the Malta Community Chest Fund Foundation to help underprivileged residents.

The DigitalBank Crypto Vault Device , allows the user to store an unlimited amount of funds without any risk or possibility of loss.
The DB Crypto Vault Device users ,will enjoy the highest level of security knowing that their funds are stored without any potential security flaws.
The DigitalBank Solution is better than any Cold Storage or Paper Wallet
​The Most Secured Crypto Vault on Earth
Ultra Secured Crypto Storage solutions are at the core of all that we do at DB.
Our main goal is finding new and revolutionary encryption methods , that will help build a more secure tomorrow in the Crypto and Banking Industry .
The Fort Knox of Crypto Banking – World’s Most Secured Hardware Wallet
​The DB Hardware Wallet is a separate “isolated” device , Wifi Only , No Ports ,no backdoors .
No need to download firmware updates , not storing any data , including private keys -not transmitting private keys at any time .
100% anonymous accounts : nothing is stored , on any third party servers . DB is the most secure vault for your digital assets. Buy , Sell , Send , Receive and Store bitcoins, and all major cryptocurrencies including all ERC20 tokens , in the safest way available today .
Private keys can never be exposed because are not stored anywhere .
Lifetime Access Guaranteed
​Starting at $ 1800 USD
For additional information contact us at : [email protected]