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Liechtenstein’s VP Bank taps Metaco to expand custody and tokenization services

VP Bank, one of the largest banks in Liechtenstein, has partnered with digital asset infrastructure provider Metaco to consolidate its digital asset custody and tokenization operations. According to an announcement, VP bank will use Metaco’s Harmonize platform to expand its services, and enable support for tokenized asset minting, burning and storage.

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Liechtenstein’s Parliament Unanimously Approves New Blockchain Act

Liechtenstein’s Parliament has unanimously passed the Act on Tokens and Entities Providing Services Based on Trusted Technologies (TVTG), also known as the Blockchain Act.Pioneer in comprehensive regulationOn Oct. 3, the Parliament of Liechtenstein approved the Blockchain Act, which aims to improve investor protection, combat money laundering and establish clarity.

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