Liechtenstein’s Government Passes New Regulation Concerning Blockchain and Tokens
Cointelegraph
Published May 09, 2019 11:23AM ET
Updated May 09, 2019 11:42AM ET
Liechtenstein’s Government Passes New Regulation Concerning Blockchain and Tokens
The government of Liechtenstein announced that it has passed new tokenization, virtual asset service provider and blockchain regulation in a press release published on May 8.
Per the release, the new Token and VT Service Providers Act, passed on May 7, aims to improve investor protection, combat money laundering and establish clarity. The announcement also cites tokenized securities and how digital token systems can be used to tokenize real-world assets.
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Written By: Cointelegraph
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