On 22.01.2018 MFSA published the Feedback Statement on the Proposed Regulation of Collective Investment Schemes investing in Virtual Currencies issued by MFSA on 23.10.2017. Based on the industry feedback, MFSA would include additional requirements pertaining to Professional Investor Funds (PIFs) investing in Virtual Currencies (VCs) as supplementary license conditions and not as a standalone rulebook, as proposed originally. The regulatory framework will be applicable to PIF