blockchain Parliament of Liechtenstein approved the Blockchain Act

[isaa 31]

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:

"With the TVTG an essential element of the financial center strategy of the government is implemented and Liechtenstein is positioned as an innovative and legally secure location for providers in the token economy.”

https://cointelegraph.com/news/liechtensteins-parliament-unanimously-approves-new-blockchain-act

[Coach1987 4]

If we holding it blindly, yes we can go rekt. Most altcoins from the past are dead, they have no development.We should be very picky when we want to holding some coins for long time, otherwise we may holding some useless coins.

[Bumblebee1999 0]

I can say agree or not, because the one who determines the market price is a trader and a big person in crypto, but maybe your prediction is right, in December and January, let's look ahead, and make sure you are ready for the Altcoin days.

[Jeet Narayan 1940]

This good news. I hope another country parliament also approve blockchain technology. Liechtenstein approved blockchain and they working in rules and regulations of blockchain use, so they already making good project and in near future they will do great.