On May 7, The Liechtenstein Blockchain-Act after a long procedure of public debate was passed by the government to parliament. This basis of blockchain legislation is probably one of the best of its kind at the global level.

The law aims to improve investor protection, combat money laundering and establish legal certainty in regulating blockchain projects. The announcement of the Blockchain-Act also refers to tokenized securities and how digital token systems can be used to tokenize real assets. Reportedly, the new law regulates “transactional systems based on trust technologies”.

The authors of the Blockchain Act predict that tokenization will create new opportunities in the areas of financial services, logistics, mobility, energy, industry, and the media. The new model of a token as a container makes tokenization more understandable. Taking into account this and other advantages that Liechtenstein provides, the country can become one of the best places for STO and other projects.

Translation of the previous version of the law in English:
https://blockchain.rlp.li/why-liechtenstein/