07.06.2019 – 17:39

ikr: Liechtenstein Blockchain Act on track

Vaduz (ots)

Yesterday, the Liechtenstein parliament dealt with the Act on Tokens and TT Service Providers (TVTG) in its first reading. Entering into the first reading was undisputed and unanimously supported. Members of Parliament recognised the opportunities offered by this regulatory approach and at the same time addressed the risks. "The discussions were constructive and at a remarkable level. I would like to thank all Members of Parliament for dealing with this complex issue within a very short time and for their contributions, which laid the foundations for further improving the Act and supporting materials".

The Ministry of General Government Affairs and Finance is planning the final discussion of the TVTG in October 2019. This would make Liechtenstein one of the first countries in the world to have a comprehensive framework law for the so-called "token economy".

Contact:

Ministry for General Government Affairs and Finance
Markus Biedermann, Secretary General
T +423 236 60 09

Weitere Storys: Fürstentum Liechtenstein

Alle Storys Alle

08.05.2019 – 12:38
ikr: Report and Motion on the Blockchain Act adopted
Vaduz (ots) - On 7 May 2019, the Government adopted the Report and Motion on the creation of a Law on Tokens and Trustworthy Technology Service Providers (Token and TT Service Provider Act; TVTG), frequently referred to as the "Blockchain Act". Blockchain technology was initially developed for Bitcoin, a private digital monetary system. However, the technology can be used far beyond Bitcoin. Blockchain technology is ...
mehr
26.03.2019 – 08:53
ikr: Brexit: Liechtenstein is prepared
Vaduz (ots) - The EU Member States and the British Prime Minister agreed at the EU Council this week to postpone Brexit until at least 12 April 2019. If the British Parliament approves the withdrawal agreement this week, the UK will leave the EU in an orderly fashion on 22 May 2019. If Parliament rejects the deal again, the British Government will have to submit proposals for further action, otherwise the UK will leave ...
mehr
18.03.2019 – 15:15
ikr: Peer review successfully completed: OECD Global Forum once again attests Liechtenstein a high degree of compliance with international tax standards
Vaduz (ots) - Liechtenstein complies with the international standards of the OECD on the exchange of information for tax purposes. The report by the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) finds that the legal framework and practice in Liechtenstein are to a large ...
mehr