Liechtenstein Crypto Licensing

Fintech and TVTG in Liechtenstein

In Liechtenstein, the Fintech sector operates within the framework of anti-money laundering legislation and licensing requirements. The Due Diligence Act (SPG) plays a crucial role in preventing money laundering and terrorist financing, covering licensed financial intermediaries like banks, asset managers, as well as entities not subject to financial market regulations such as real estate brokers.

The creation of the Transaction Systems and Trustworthy Technology Service Providers Act (TVTG) delegates the registration and supervision of new service providers operating on TT systems (e.g., blockchain) to the Financial Market Authority (FMA). The TVTG also aligns with FATF recommendations, ensuring supervision under the Due Diligence Act for relevant services.

According to Article 12(1) of the TVTG, individuals or entities based in Liechtenstein intending to offer TT services professionally must apply for registration with the FMA before commencing operations. This requirement extends to Token Issuers issuing tokens exceeding CHF 5 million within a 12-month period.

For further inquiries or assistance, please contact Neptune Fiduciaries at info@neptunecorporate.com or sales@neptunecorporate.com.