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Liechtenstein is viewed as a part of the greater


Swiss Crypto Valley and hosts a dozen or so companies from the


sector. Liechtenstein is a member of the European Free Trade Association and the EEA but not the EU, so companies based or represented in the country have easier


It took three years of planning for the comprehensive Blockchain regulations. Te government made the plans public in March 2018 and a first draft followed in August that year. By May 2019 the government adopted the report and proposal of the new law.


Liechtenstein is viewed as a part of the greater Swiss Crypto Valley and already hosts a dozen or so companies from the sector. Liechtenstein is a member of the European Free Trade Association and the EEA but not the European Union, so companies based or represented in the


P52 NEWSWIRE / INTERACTIVE / MARKET DATA


access to the European market.


country can have easier access to the European market plus compatibility with legal frameworks in other Euro countries without having to comply with EU regulations.


Prime Minister Adrian Hasler said at the time: “With the TVTG an essential element of the government’s financial market strategy will be


implemented and Liechtenstein will be positioned as an innovative and legally secure location for providers in the token economy.”


Germany has since developed its own bill under its Blockchain Strategy. However, the German bill at the moment only allows for bonds to be digitised. It hasn’t established a new digital asset class and doesn’t regulate other areas of the digital industry like Liechtenstein’s Blockchain Act does.


Liechtenstein is now fast becoming a


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