The Malta Gaming Authority (MGA) knows how to stay at the forefront of gaming regulation, and they’ve proved it once again. In a press release dated January 3, the MGA announced it had launched the first of two phases for its cryptocurrency Sandbox Framework.

In the announcement, the authority noted that in this phase, starting on January 1 and planned to run for 10 months, the MGA will be “accepting applications for the use of DLT [Distributed Ledger Technology] Assets, directly or through third party service providers, by its respective licensees.”

This follows the October revelation from MGA that they would be introducing this Sandbox Framework so they could explore and develop guidelines for the use of cryptocurrencies in the gaming space.

Although the framework is only planned for 10 months, the MGA could choose to extend that period if they feel it needed. The second phase will allow licensees to apply for the use of Innovative Technology Agreements.