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Meanwhile in Malta, its parliament approved three bills to create a regulator framework for digital coins. The bills, called the Malta Digital Innovation Authority Act, the Innovative Technological Arrangement and Services Act, and the Virtual Financial Asset Act, were passed on Wednesday. They will allow the country to provide resources for firms to operation in a regulated environment, Silvio Schembri, Malta’s parliamentary secretary for digital economy said.

Cryptocurrencies overall were higher, with the coin market cap of total market capitalization up slightly at $273 billion at the time of writing compared to $269 billion on Wednesday.

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