Liechtenstein moves to create legal certainty around blockchain

Pedro Gonçalves
clock • 2 min read

Liechtenstein wants to create a legal framework that will offer certainty for tech companies with its new Blockchain Act, which aims to promote the development of a token economy as the race to bank crypto wealth gains speed.  According to prime minister Adrian Hasler, it is important for the state to provide companies clarity about "what is possible and where the concrete boundaries lie". This is what Liechtenstein aims to achieve with its new Blockchain Act. As Hasler explains, this is not simply about the financial sector: while blockchain can be used to digitally represent securit...

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