Liechtenstein Passes New Token Act

Liechtenstein Passes New Token Act

Liechtenstein took a new, very significant step in terms of developing the regulatory framework within its already crypto-oriented jurisdiction. The Principality Parliament passed an act that could attract even more crypto startups than before. On October 3, the Liechtenstein legislature unanimously voted for “Token and Trustworthy Technology Service Providers Act” (abbreviated TVTG in German).