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2019-10-08 10:29:11

Lichtenstein Blockchain Act regulates token finances

On 3 October, Lichtenstein further solidified its position as one of the most open economies when it comes to tokens, cryptocurrencies, and blockchain technology, by passing a Blockchain Act. The Act on Tokens and Entities Providing Services Based on Trusted Technologies (TVTG) aims to better regulate the token economy. Blockchain Act This step forward in terms of legislation has made Lichtenstein one of the first countries worldwide to roll out a complete regulatory framework for cryptocurrencies and blockchain technology. The main goal of the Blockchain Act is to limit the opportunity for inappropriate uses of cryptocurrencies and tokens. One of