Andorra green lights Bitcoin and Blockchain with Digital Assets Act
— Paul, Bitcoin, Blockchain, Digital, European, France, Green, Assets, Lights, Andorra — 1 min read
The General Council of Andorra recently approved the Digital Assets Act, a regulatory framework for digital currencies and blockchain technology. The act is split into two parts, the first regards the creation of digital money, or “programmable digital sovereign money,” which can be exchanged in a closed system. The second half of the act refers to digital assets as financial instruments and intends to create an environment in which blockchain and distributed ledger technologies can be regulated. In an interview in May, Andorran Minister of Economy and Enterprise Jordi Gallardo mentioned that blockchain was one of the top areas of investment for the tiny country. The regulator doesn't make a differentiation between ‘crypto’ and Bitcoin, according to Paul, an avid Bitcoiner, Source