MGA participates in the Gaming Regulators European Forum (GREF) 2019

MGA participates in the Gaming Regulators European Forum (GREF) 2019

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MGA participates in the Gaming Regulators European Forum (GREF) 2019

The main theme of the conference was ‘Exploring the boundaries between gambling and financial regulation’, and included topics relating to alternative payment methods, payment blocking measures, the parallels between gambling products, and gambling-like financial products, as well as virtual currencies.

The MGA’s Chief Legal Counsel, Dr Carl Brincat, delivered a presentation during a session entitled ‘Virtual currencies and gambling regulation: the Maltese case’ relating to the MGA’s sandbox framework for the acceptance of Virtual Financial Assets and the use of the Distributed Ledger Technology within the gaming industry.

Dr Brincat was joined by Dr Gerd Sapiano, Senior Analyst within the Securities and Market Supervision Unit within the Malta Financial Services Authority, as well as Mr Nicholas Warren, a private financial services and blockchain consultant.