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Author Topic: 📜Luxembourg Passes Blockchain Framework Bill Into Law📜  (Read 123 times)

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Offline Kriptolab

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📜Luxembourg Passes Blockchain Framework Bill Into Law📜
« about: February 15, 2019, 11:31:02 AM »
Luxembourg lawmakers have passed bill 7363 into law, facilitating the use of blockchain technology in financial services, according to an official announcement published by the country’s parliament, the Chamber of Deputies, on Feb. 14.

The new law aims provide financial market participants with more transparency and legal certainty in regard to the circulation of securities with blockchain technology. The bill is also geared to make the transfer of securities more efficient by reducing the number of intermediaries.

According to local news outlet Luxembourg Time, the bill grantstransactions done with blockchain technology the same legal status and protection as those done through traditional means. Out of 60 parliamentarians, only two members of the left-wing party déi Lénk reportedly voted against the bill.

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🔗 https://cointelegraph.com/news/luxembourg-passes-blockchain-framework-bill-into-law
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📜Luxembourg Passes Blockchain Framework Bill Into Law📜
« about: February 15, 2019, 11:31:02 AM »

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