Liechtenstein intends to work together with the EU to advance the use of blockchain technologies in Europe. To this end, ambassador Sabine Monauni has signed the European Blockchain Partnership in Brussels.

The European Blockchain Partnership was created by the EU in April 2018. It provides a platform for collaboration between European blockchain experts. The EU’s aim is to play a pioneering role in the area of blockchain.

On 1 February, ambassador Sabine Monauni signed the European Blockchain Partnership in Brussels as a representative of Liechtenstein. The government reported in a press release that Liechtenstein wants to play an active role in discussions about the use of blockchain technology at European level. It believes that this technology offers “great potential for a digital Europe”.

Liechtenstein will work towards creating a framework in order to provide the “best-possible legal security and at the same time promote innovation”. The Liechtenstein Blockchain Act, currently in the consultation process, also includes “interesting proposed solutions” for a Europe-wide approach.

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