Liechtenstein’s parliament unanimously approved the Act on Tokens and Entities Providing Services Based on Trusted Technologies (TVTG), also referred to as the Blockchain Act. The nation’s parliament passed the Act on October 3. According to local reports, the new law aims to enhance investor protection, prevent money laundering, and establish regulatory clarity. The Act will...Read More
South Korea’s regulatory authorities have strongly favored backing blockchain-related projects over decentralized cryptocurrencies. Some recent events confirm that the nation’s government is more supportive of distributed ledger technology (DLT) itself rather than speculative tokens. Around 97% of local cryptocurrency exchanges are in danger of being shut down, according to local reports. Most Smaller Korean Exchanges...Read More