Liechtenstein grants e-money license to TenX

Pedro Gonçalves
clock • 1 min read

Singapore-based blockchain company TenX from Singapore has become the world's first ICO funded company to be certified as a regulated e-money financial institution by Liechtenstein.  The Financial Market Authority Liechtenstein (FMA) has issued an e-money license with conditions and requirements to TenX. This makes it the first company funded via an initial coin offering (ICO) to receive a license of this kind in the world, the company said in a statement.  With this license, TenX will be able to provide electronic money institution services across the European Economic Area (EEA). ...

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