Pioneer in comprehensive regulation
On Oct. 3, the Parliament of Liechtenstein approved the Blockchain Act, which aims to improve investor protection, combat money laundering and establish clarity. The new law will enter into force on Jan. 1, 2020. The parliament’s announcement claims that this act will make Liechtenstein the first country to have comprehensive regulation of the token economy.
The newly approved law will regulate civil law issues in relation to client and asset protection, while establishing adequate supervision of the various service providers in the token economy. Liechtenstein’s Prime Minister Adrian Hasler said:
https://cointelegraph.com/news/liechtensteins-parliament-unanimously-approves-new-blockchain-act