Andorra green lights Bitcoin and Blockchain with Digital Assets Act
Cointelegraph
Published Jul 16, 2022 09:35AM ET
Updated Jul 17, 2022 11:40AM ET
A small light of progress shines from Andorra, a tiny European country nestled between France and Spain. The country’s government, the General Council of Andorra, recently approved the Digital Assets Act, a regulatory framework for digital currencies and blockchain technology.
The act is split into two parts. The first regards the creation of digital money, or “programmable digital sovereign money,” which can be exchanged in a closed system. In effect, this would allow the Andorran state to create its own token.
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Written By: Cointelegraph
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