Friendly Crypto Regulatory offered by Liechtenstein PM

Liechtenstein government declares they’ll be taking a light-handed approach to blockchain technology with a new “Blockchain Act”
04 April 2018   609

Liechtenstein have recently recommended itself as a blockchain center. It is the sixth smallest country in the world  with a population of 40,000 people, and also it is home to more businesses than factual citizens because of the low tax rate.

Liechtenstein is specially engaging to blockchain businesses due to the lightness with which they can be established: it’s not obligatory to open a bank account to launch a firm. Also all the financial activities of a company can be realised with Ethereum or Bitcoin according to the country’s leading financial institution Bank Frick (accepting cryptocurrency directly). Yanislav Malahov, the Aeternity blockchain creator, founded a shop in Liechtenstein, reporting Forbes “they’re making it really easy to incorporate a cryptocurrency business”.

Crown Prince Alois is interested in using blockchain technology for administrative government purposes. He is stating his family’s involvement in cryptocurrency investment, among the richest royal families in Europe. It’s no surprise that Liechtenstein is aimed to take it very easy on blockchain regulatory in their upcoming legislation known simply as “The Blockchain Act”.

Adrian Hasler (Liechtenstein`s Prime Minister) affirms that the new order objects to “provide the necessary legal framework for a wide range of new services and business models relating to these technologies”, claiming that it “goes much further than the blockchain legislation of other countries” in his speech at a Finance Forum in late March.

Last month the Prime Minister of Malta encouraged the offered relocation of Binance HQ to their island, while announcing his support for blockchain technology and calling on other EU leaders to connect him “on the frontline in embracing this crucial innovation” and create the “Bitcoin continent of Europe”.

Liechtenstein is definitely among those countries replying the call, with their Financial Market Supervisory Authority at the helm officially processing over 100 blockchain and cryptocurrency-related requests so far in their effort to state themselves as a leading blockchain nation.

Diffusion 2019 to Gather Crypto Hackers in Berlin

World most interesting tokenised protocol teams joined forces to create one of the biggest devconf in the world
20 September 2019   166

19th-20th October 2019, Berlin, one of the IT capitals of the world, will gather representatives of blockchain, AI, IoT and Big Data industries across the globe. 350 developers are going to test their skills, by hacking with 25m+ lines of open source code. Thousand of prizes awaits the winners.

This two-day event will focus on the practical application of open-source distributed ledger technology, smart contracts, machine learning and programmable tokens, to create a new data layer.


Diffusion 2019 Attendants
Diffusion 2019 Attendants

The conference will last for two days and is focused on the practical usage of open-source blockchain technology, machine learning, programmable tokens and smart contracts with a goal to create a new data layer. 

If you are not a skilled programmer, you will find what to do, Join panels, chats, workshops. Discuss the latest topics, such as token economics, blockchain for enterprise, AI, deep learning and more. Whether you are a dev, work in IT or tech industry, geek or just interested all that new - this is a place for you. You will be able to discuss things and share knowledge with lead developers, professors, start-upers and CEOs.

Part of Diffusion 2019 Attendants
Part of Diffusion 2019 Attendants

The event will take place at the Factory Berlin.

Hype.Codes team is happy to report that our journalist is going to the Diffusion 2019 too! Anton will provide you, our dear readers, with the freshest news and announces straight from the Factory.

Also, check out the latest conference's partnership with ETHBerlin.

And now the most interesting thing. You will be able to to take part in a hackathon for free!

Apply for free place at Hackaton now!

Not a coder, but still want to attend an event? 

Get your ticket here!