Liechtenstein Parliament Law For Crypto

By HowToVids | Crypto Blockchain News | 7 Oct 2019


Acceptance of crypto by the Governments continues one after another. Countries releasing its future importance and increase influence in the market. They are creating laws and regulating crypto funds or money. Crypto is seams to be unstoppable and having a bright future. People now trust crypto and its an easy method for buy, selling and trading.

Liechtenstein is on the way to create law for crypto and accepting crypto. Liechtenstein’s Parliament approved the law about crypto. Liechtenstein’s Prime Minister said about that:
“With the TVTG an essential element of the financial center strategy of the government is implemented and Liechtenstein is positioned as an innovative and legally secure location for providers in the token economy.”

Bitcoin Suisse CEO in Liechtenstein said that:
“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.”

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