Malta is one of few countries like Switzerland that has a good view about crypto and there is also a good regulation for ICO... this news does not surprise me but I really hope that someone else with follow!
Slowly, all small countries, that used to be low tax countries, will start to embrace cryptocurrency, because they struggled, when the big countries, blocked bank transactions to them, because they were not cooperative, to the restrictions, they want to put. Cryptocurrency transactions, cannot be blocked, so, there is no way, for big countries, to force them to comply. Only military power can do this, but in our days, it is not welcome any more.