RATE Group | Sept. 30 – Oct. 5 in Review
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Sept. 30 – Oct. 5 in Review

Sept. 30 – Oct. 5 in Review

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The German-speaking world has experienced another week full of exciting developments in the crypto industry, with Liechtenstein approving the new Blockchain Act, Iota Foundation joining the European climate research community and Germany taking a firm stand against stablecoins.

Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph auf Deutsch.

Liechtenstein approves new Blockchain Act

On Oct. 3, the Parliament of Liechtenstein approved the Token and TT Service Provider Act, also known as the Blockchain Act, which aims to improve investor protection, combat money laundering and establish clarity. The new law will make Liechtenstein the first country to have comprehensive regulation of 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…

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