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Liechtenstein

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On May 7, 2019 the Liechtenstein government reported that it passed a motion to implement a new law on Tokens and VT Service Providers (generally referred to as the “Blockchain Act”). In recent times we have seen various European jurisdictions introduce regulation or publish regulatory guidance concerning specific aspects of blockchain technologies, ¬†However, Liechtenstein considers that its¬† Blockchain Act is the first to create a holistic regulatory framework for the token economy. The reason the…