In October this year, the University of Malta (UoM) will start offering students the chance to study a degree in blockchain and cryptocurrency technology, according to local news.
In September last year Malta launched an initiative that offers blockchain-related certificates but now students can study a full degree in the field.
The news comes after Nationalist Party (PN) leader Adrian Delia criticized the government for their lack of action related to educating young people in the emerging fintech industry. In an interview with Net News, the politician said the sector has been identified as important in the development of the economy.
In a further boost to education, Parliamentary Secretary Silvio Schembri, speaking at the launch of local blockchain initiative Palladium, announced the launch of a Blockchain Lab to train civil servants.
Palladium will offer a tokenized convertible warrant which gives investors the right to convert tokens into shares after three years. The unique offering is approved by the Malta Financial Services Authority (MFSA) and makes Palladium the world’s first Initial Convertible Coin Offering (ICCO).
Schembri believes the creation of this new sector will complement the fast-developing cryptocurrency industry in the country.
Malta has become known as ‘Blockchain Island’ after it recently passed three bills designed to regulate the entire blockchain and cryptocurrency industry. The bills make it much easier for companies to set up trading operations and have attracted the likes of exchange giants Binance and OKEx to the country.
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