The Malta Independent 20 January 2019, Sunday

Government takes aim at Delia for Bitcoin jibe, says Malta proud to be first legislating industry

Sunday, 6 January 2019, 14:23 Last update: about 13 days ago

The government took aim at PN leader Adrian Delia after his comments on the government's silence on the crypto currency Bitcoin during his customary Sunday address.

This was after Delia said that while Malta had touted itself as the ‘Bitcoin Island’, the government had remained silent in recent times as the price of the crypto-currency slid from €20,000 to just €4,000 in recent times.

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The Parliamentary Secretariat for Financial Services, Digital Economy and Innovation said that numerous measures had been taken in this sector, including some through the police force.  The secretariat said that contrary to the various insinuations of the Opposition Leader, the government was going to be giving more peace of mind and protection for crypto-currencies such as bitcoin.

The secretariat noted that in recent weeks a campaign by the Cyber Security Steering Committee had also been launched so that the general public would be well-informed about what constituted fraudulent activity.

It was also noted, the secretariat said, that Delia had tried to ridicule Malta’s work in the Artificial Intelligence industry. The secretariat said that the Opposition leader was free to keep taking this attitude whilst the government worked to prepare an economy for the future which was characterised by new industries such as that of AI, e-sports, video-gaming and politics on space amongst others.

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