<p><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTEvYWExNWJlOTYtMWQ3MC00M2U5LWE2ZDEtNWYzMWFmNmQ5MTgwLmpwZw==.jpg"></p><p>The island nations of Malta and Cyprus are still ahead of their bigger neighbors when it comes to crypto regulation. </p>