MGA Casts Its Eye On Crypto Currencies

Invites parties to register interest

In a bid to stay at the forefront of innovation, the Malta Gaming Authority (MGA) has issued a call for interested parties to register interest and provide detail on Distributed Ledger Technology (DLT) and/or Cryptocurrency projects as it considers accepting licensee applications for the payment form.

The MGA highlighted the need for consumer protections saying it was currently establishing a sandboxed (test and learn) live environment for cryptocurrency usage within the remote gaming sector, whilst also drafting guiding principles for the application of DLT and its various adaptations within the industry.

“Cognizant of the fact that a certain degree of expertise lies within the industry, with a number of innovative projects and concepts already available on the market, the Authority is reaching out to interested parties willing to share information regarding their cryptocurrencies and/or DLT projects.”

Projects can be registered via mail at innovation.mga@mga.org.mt no later than Monday, January 8 2017. Information gleaned from applicants will enrich and make the sandbox environment more practical, the authority said.

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Brian Cullingworth

Brian Cullingworth

Infopowa news was a staple of Casinomeister’s news from 2000 until 2019. Brian Cullingworth was the main writer, contributor, and was one of the most knowledgeable persons I have ever known involved in the online casino industry.

We first met in January 2001 at the ICE in London where I observed him going booth to booth interviewing online casino, software, and licensing jurisdiction representatives. Brian was also heavily involved with our forum as “Jetset“, he was involved as an informal consultant to eCOGRA, the OPA, and was a player advocate who assisted countless aggrieved players with his connections to industry folks. He also published “Casino Cautions” via Infopowa news for quite a number of years. These can be found in our news archives.

His passing in February 2019 was a dark day for us. He will be forever missed.

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