Liechtenstein Parliament approves Blockchain Act unanimously

The newly approved law will regulate civil law issues in relation to client and asset protection, while establishing adequate supervision of the various service providers in the token economy.

Nägele’s colleague, CEO of Bitcoin Suisse in Liechtenstein, Mauro Casellini, outlined the importance of the Blockchain Act: “The positive decision without dissent from the Liechtenstein government shows the importance of the "Blockchain Act". The TVTG not only creates legal certainty for all market participants, but also heralds a new era, the token economy. With its pioneering role, Liechtenstein proves once again that it is the ideal location for FinTech and Blockchain companies and thus for us too, in the heart of Europe.”

Document Details

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Year of Document: 
2019
Date of Document: 
Thursday, October 3, 2019
Document Authors: 
Thomas Naegele
Language (This Document): 
German

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