Andora passes digital assets act greenlighting blockchain and Bitcoin
Digital currencies and cryptos are not authorised as legal tender in Andorra
By Shashank Bhardwaj
Image: Shutterstock
Andorra, a tiny European nation between France and Spain, is a glimmer of progress. The Digital Assets Act, which establishes a legal framework for virtual currencies and blockchain technology, recently received approval from the General Council of Andorra.
The act is divided into two sections. The first section involves developing “programmable digital sovereign money.” The Andorran citizens can transact using this digital money within a closed…
