Blockchain and Virtual Financial Assets


Malta – acclaimed as Blockchain Island – offers the most holistic regulatory framework for crypto asset issues and service providers. Malta’s regulatory regime allows for a variety of Token Generation Events including utility tokens and STOs. It also allows for the licensing of crypto exchanges, custodians and funds.

The Virtual Financial Assets Act made Malta a global hub in the licensing of crypto assets and services. Today, the island hosts global heavyweights and has provided regulatory clarity to a fast-growing and revolutionary industry. ARQ are well-placed to support clients looking to benefit from Malta’s regulatory framework.

ARQ’s multi-disciplinary team can guide interested entities in getting their crypto assets or services licensed under Maltese law. We are able to support clients from the incorporation of a Maltese entity, to providing regulatory advice and support throughout the licensing phases. ARQ is able to offer advice spanning the legal, financial and economic disciplines and our in-depth knowledge of the relevant laws and regulations make us well-placed to support our clients licensing requirements.

How we do it


ARQ Advisory has already successfully assisted a number of entities set-up their operations in Malta. Our service offering also extends to facilitating our clients in various aspects of their business such as tokenomic modelling as well regulatory advice on the Maltese Virtual Financial Asset Framework.

Get in Touch

How can we help you?








Key Contact

Denia Ellul

Head - Financial Services (Advisory)
She attended the University of Malta and successfully completed a Bachelor of Laws degree, followed by a Doctor of Laws degree in 2014. In fulfilment of her LL.D., Denia submitted and defended her thesis entitled: “A Single Market for Online Gambling: Current Legal Issues”.