ArticlesLiechtenstein has the most transparent legislation for blockchain
Tokenization of assets has become a ubiquitous trend. But a lack of ability to legally host digital tokens has attracted entrepreneurs and CEOs to Liechtenstein due to the country’s scant regulations in this area. Low tax rates have made Liechtenstein a haven for startups and financial organizations – the country has more companies registered than citizens!
PricewaterhouseCoopers (PwC), an audit and consulting firm, declared Liechtenstein's tax policy on cryptocurrencies and other digital assets to be the most comprehensive in the world for the second year in a row. The company evaluates countries on 19 factors to determine the comprehensiveness of their policies on digital assets and transactions. This includes the taxation of mining, staking, NFT, and other aspects.
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