Professor Alexiei Dingli on the impact of the Corona virus on the use of cryptocurrency

Bitcoin has been fluctuating quite a lot.  If you look at Bitcoin in 2015 it was around Euros 400 per Bitcoin and in 2018 it went up to Euros 17,000 per Bitcoin.
Of course the cryptomarket is very much in the embryonic stage and the technology has to evolve further.  There are a lot of risks with being a first mover in an unchartered territory.  Malta was quite avant garde when it came to the implementing the technology.  In Malta, legislation was good and quite advanced however there is always this balance with giving due diligence to the companies which operate within the cryptomarket and the space to work within that market. The issue of the pandemic did not help and complicated matters further.