Malta Watchdog Proposes New Blockchain Gaming Guidelines

The Malta Gaming Authority has published draft regulations for digital game companies that want to use distributed ledger or blockchain platforms.

AccessTimeIconMar 30, 2018 at 9:00 a.m. UTC
Updated Sep 13, 2021 at 7:45 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

The Malta Gaming Authority (MGA) has published proposed guidance on using distributed ledger technology and cryptocurrencies within the nation’s online gaming space.

The document – which is currently open for feedback – explains the need to protect consumers, prevent money laundering and other crimes and protect Malta’s reputation, saying the criteria set out in the paper will inform a planned regulatory "sandbox" environment. Ultimately, this sandbox could result in new regulations for Malta’s remote gaming ecosystem.

Notably, companies that want to accept cryptocurrencies will have satisfy a range of conditions, including that the cryptocurrencies provide financial and technological value, that they can be traded on exchanges with a “competitive market capitalization” and that they are integral to the company's use case.

The regulator says it will evaluate each cryptocurrency and provide final approval over whether a company can utilize them in their businesses. Similar conditions apply to custom tokens, says the document.

As part of the sandbox, games hosted by an operator must use a distributed ledger to “maintain the transparency and prove the fairness of these games.”

The MGA states:

“For the duration of this sandbox, the MGA will accept games that are hosted fully or partially on a blockchain environment, provided that the operator shall ensure that the gaming service is not unduly disrupted by such operational setup.”

The guidelines further specify how AML procedures should work, noting that game operators must plan for "the risks which may arise, or be exacerbated by, the use of cryptocurrencies or custom tokens as a funding method."

Anyone interested in providing feedback should email the MGA by April 30, 2018.

Malta image via Mazzard Photography/Wikimedia Commons


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to to register and buy your pass now.