Malta has created a new digital economy, and it was as hard as simply making some fair & reasonable rules & regulations that attracted the Crypto world, let them setup business, which in turn needs local workers, and their local economy is set to boom.
Perhaps other countries around the world could do the same?
With all the effort some countries put into banning the global wave, perhaps working to support it instead may help them.
Time will tell
https://www.newsbtc.com/2019/02/07/blockchain-malta-cryptocurrency/