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Andorra adopted a law on cryptocurrencies

Government officials in Andorra recently adopted a legislative framework for digital currencies and blockchain technology called the Digital Assets Act, which the country’s General Council passed.

The proposed bill has two major aspects: laying the legal framework for the government to launch its own token or “programmable digital sovereign money” as the lawmakers call it, and regulating private digital assets in the country.

Speaking to local news outlet Diari d’Andorra, David Montané, the general counsel of the Democrats for the Andorra party and one of the promoters of the text, stated that work done so far on the bill has encompassed many aspects of the digital assets market.

Read more at the link: https://cointelegraph.com/news/andorra-green-lights-bitcoin-and-blockchain-with-digital-assets-act/amp

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