Lichtenstein intends to allow public services to pay bitcoins – Bits Media

Prime Minister Lichtenstein Daniel Rish reported, that the country plans to allow the use of bitcoin to pay for public services.

This opportunity will be available in the near future, said Daniel Rish (Daniel Risch) In an interview with Handelsblatt newspaper. but, specific terms are not specified. Liechtenstein plans to accept deposits in bitcoins and instantly exchange them for national currency - Swiss franc, - To avoid risks, associated with cryptocurrency fluctuations.

Rish also did not exclude the possibility of investing public funds in Bitcoin in the future. Currently, the country has a budget reserve in the amount 2,2 billion Swiss francs (approximately 2,2 billion euros), what in 2,5 times its annual budget.

Last year, the Bank of Princes Liechtenstein opened access to cryptocurrency investments to customers. Mandatory conditions - customers must "live in Liechtenstein or Switzerland, as well as classify as professional investors or to be customers of external control assets ".

In April, the European Parliament approved the bill on the regulation of cryptocurrencies in the European Union (MiCA), which will establish clear standards for the industry and protect cryptocurrency investors. Politicians also supported a separate law, according to which suppliers of virtual assets services (VASP) should identify their customers, making any transfer of funds, to prevent money laundering.