Virtual Financial Asset Act in Malta
Malta’s VFA Act safeguards crypto markets and protects investors. Scorechain helps to ensure compliance with powerful AML and risk management solutions.
Malta’s VFA Act safeguards crypto markets and protects investors. Scorechain helps to ensure compliance with powerful AML and risk management solutions.
Malta's government implemented the Virtual Financial Asset Act (or VFA) in 2018. It regulates the virtual asset markets in Malta aiming at supporting the innovation of financial services related to crypto-assets while protecting consumers, financial markets integrity, and stability.
The regulation is supervising both cryptocurrency service providers and cryptocurrency issuers.VASPs must submit an application for registration through a VFA agent authorized by the Malta Financial Services Authority.
From wallet screening and KYT monitoring to deep-dive investigations, Scorechain gives you everything you need to stay compliant, secure, and audit-ready.
