Getting ready for TVTG changes and MICAR

Getting ready for TVTG changes and MICAR

Getting ready for TVTG changes and MICAR

Marcel Füssinger

Marcel Füssinger

Marcel Füssinger

Aug 15, 2023

Biggest changes:

  • Token Service Provider as new role, which can take liability towards enforcing the underlying asset which is represented as token, beside the Token Generator alone (technical solution only)

  • Token Issuers for self issuances are not required to register anymore and have reduced compliance requirements

  • New roles VT Asset Manager for Crypto Assets and Token Loan Company

here is the link to the summary in German: https://www.llv.li/serviceportal2/amtsstellen/stabstelle-regierungskanzlei/stellungnahme_tvtg_fma.pdf

here is the full adjustment of the law: MICAR, Adjustment TVTG Law

English version TVTG adjustment

English version 1st February message (updated)

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Designed in Liechtenstein and Singapore

By subscribing you agree to with our Privacy Policy and agree to receive updates from our company. No spam ever.

Copyright © 2008-2024 Equanimity AG. Registered at Financial Market Authority with registration Nr. 293063 as Token Generator. 

Copyright © 2020-2024 Equanimity (Blockchain) Holdings Pte. Ltd.

Designed in Liechtenstein and Singapore

By subscribing you agree to with our Privacy Policy and agree to receive updates from our company. No spam ever.

Copyright © 2008-2024 Equanimity AG. Registered at Financial Market Authority with registration Nr. 293063 as Token Generator. 

Copyright © 2020-2024 Equanimity (Blockchain) Holdings Pte. Ltd.