Guidance on the use of Innovative Technology Arrangements and the acceptance of Virtual Financial Assets and Virtual Tokens through the implementation of a Sandbox Environment


The Malta Gaming Authority’s (MGA) strategy to be at the forefront of gaming regulation while embracing innovation, is balanced with the recognition that a prudent approach in this area is sensible and needed. The procedures for an approval of DLT asset are detailed in this guidance, including carrying out an audit by accredited auditor and a Financial Instrument Test ("FIT"). Further to this, the MGA has instructed that for the duration of the sandbox, it will only be accepting games or game components that are hosted fully or partially on a DLT environment. 

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Thursday, August 1, 2019
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Malta Gaming Authority
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