The growth of Malta is much concerned with the adoption of new technologies. When things gets advanced they try to make use of the same finding the good in it at the earliest than other countries. The population is very low which makes them easy to implement any form of advancement which isn't possible with countries with big population. Over the years Malta is technology adoptive which has led many start-up to have their business registered on Malta. This is the major revenue generator for Malta in my view.

Feel like that's just amazing to be honest, Malta has always been a great hub for a lot of crypto lovers, and a lot of crypto startups and other businesses do prefer residing in Malta compared to other countries due to the sort of ecosystem it has, as well as low tax benefits for companies. Pretty sure there is a lot of networking there as well, and it is very easy to get well known in that scene.

This is how other countries should be dealing with crypto businesses and their growth in their countries, Malta is a leading example of how blockchain/crypto companies are able to perform very well in a good enviroment.

I think that some countries and cities think futuristically and this makes them leaders all over the world. The example of Malta is ideal, all countries should strive for this, but not everyone wants to do that

Malta has positioned itself as one of the leaders in cryptocurrency regulations, they had a very progressive approach to cryptocurrencies including providing education to the citizens regarding blockchain technology, finance, and cryptocurrency.
Whenever a country become a safe haven for crypto, good things will follow, it's a technology of the future. As some of the biggest exchanges such as Binance located there, just imagine how much income from tax for such small islands.

Really it great support from Malta is becoming the Blockchain hub now, the Malta government is adopting Blockchain and other distributed Leger technology.

This kind environment needs for all crypto business to do the great services in Blockchain technology so it will be helpful for others countries to know about power of Blockchain technology.

And it pains me that the likes of EU is threatening to encapsulate the growth of Malta through blockchain and cryptocurrencies by means of saying legal implications and whatnot could harm the economy not only of Malta but also of the whole EU. They have been trying to hinder the operations of Malta and has been constantly checking whatever's happening in there for them to monitor everything. Trust me, they are not in it to prevent "money laundering operations" but to divert the money elsewhere and not just flourish in a single island.

Good for Malta for not giving in to the demands and to the scare-mongering made by the EU and its constituents. We see how things go whenever new tech is given a chance to grow.

It seems to me that Malta is a very impressive country! Economic growth is a great indicator, but Malta is also a very tolerant country (human rights are protected). Moreover, it's a good democratic country, so it's also politically stable. It's surprising to see such openness and progressiveness in a country where 94% identify themselves as Catholic and only 4% are atheist, that is surprising for me.
I've heard about Malta being crypto-friendly, but at the same time about banks hesitating to allow opening bank accounts to crypto businesses. Hopefully, this country will lead the way and become better in terms of crypto policies (although it's not bad already).

I didn't even know France was a cryptocurrency capital!!! Can you elaborate all crypto stuff going on in France?

we'll see if those projections hold up over time. the whole "blockchain island" narrative seems to be falling apart:
-bittrex just ceased their maltese operation and launched a new exchange in liechtenstein.
-in september, 11 months after moving to malta, zebpay left for australia.
-in august, coinone's malta-based exchange CGEX shut down after less than a year in operation.
-there have even been rumors circulating since february or march that binance is planning to leave malta: https://lovinmalta.com/news/crypto-giant-binance-denies-plan-to-quit-malta-we-will-continue-to-fully-support-blockchain-island

malta's financial authority seems to be clamping down hard on crypto platforms, and maltese banks are making it very difficult for them to obtain bank accounts. https://news.bitcoin.com/malta-might-be-blockchain-island-but-dont-try-opening-a-crypto-bank-account/

if these increased growth projections are based partly on crypto platforms, the numbers will probably be revised downward next year.