MALTA MAY LEGALIZE USE OF CRYPTOCURRENCIES

Yogonet reports that local authorities in Malta are working on a strategy to allow the legal use of digital currencies such as Bitcoin at online casinos. The Malta Gaming Authority (MGA) has already commissioned a detailed technical study on how to effectively use cryptocurrencies in gambling.

It further reports that according to MGA Executive Chairman, Joseph Cuschieri, Blockchain technologies and digital currencies are among the emerging innovations and they want to carefully assess the risks and opportunities that they present if adopted in the gaming sector.