Financial Centre Services
TT service providers
Liechtenstein was the first country in the world to pass a law on token and TT service providers (TVTG) with the aim of regulating the digital and TT-based economy, the so-called token economy. The law ensures legal security for all parties involved. It also creates a legally secure framework for the further development of trustless technologies (TT) and their use in the financial and real economy.
Driver of innovation
First country with TVTG law (since 01 January 2020)
EU passporting
Provision of TT services in the EU area
FMA regulatory laboratory
Supporting the economy in the approval process
TT service providers Liechtenstein
- 30 registered TT companies
- 69 registered TT service providers
- TT service providers are subject to registration and supervision by the Financial Market Authority
Law on token and TT service providers
- Regulation of digital and tokenisation of analog assets
- Unique framework for the implementation of digital financial services in Europe thanks to the combination of TVTG and EU passporting
- Further development of framework conditions and innovations by the Office for Financial Market Innovation and Digitalisation
- Mandatory registration of TT service providers
- Supervision by the Financial Market Authority
CCA Trustless Technologies Association e.V.
The CCA Trustless Technologies Association e.V. is a non-profit association that is committed to the development of the blockchain and cryptocurrency sector in Liechtenstein. The Association aims to coordinate the application and dissemination of “trustless technologies*” in Liechtenstein and across borders. The focus is on legally compliant, secure applications. The Association is in close contact with authorities, associations, and industry representatives.
*Trustless technologies mean that the service providers and computers involved do not need to be trusted, as the design of the technology prevents misuse. The blockchain itself generates trust in the system, as it automatically checks whether the rules of the blockchain are being adhered to by the participants.