Bitcoin Island Malta soon will have 3 operating Bitcoin ATMs

Moon Zebra to launch first two-way ATM on July 10th. Each one Lamassu and General Bytes one-way machines are already operating successfully.

Silvio Schembri, Junior Minister for Financial Services, Digital Economy and Innovation within the Office of the Prime Minister of Malta, tweeted about the passing of the three new bills recently, noting that the island nation is a pioneer in providing a solid legal framework for blockchain companies:

“The three Bills that will regulate distributed ledger technology (DLT) have been approved by Parliament and enacted into law. Malta , the first world jurisdiction to provide legal certainty to this space.”

An open question is still if banks will allow to trade crypto and whether any approaches will be made to make crypto officially accepted as means of payment.

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