Crypto & Digital Assets - Liechtenstein

RegulatedMarkets in Crypto-Assets Regulation (MiCAR, Regulation (EU) 2023/1114), incorporated into the EEA Agreement and applicable in Liechtenstein, implemented domestically via the EEA MiCA Implementation Act (EWR-MiCA-DG); the domestic Token and TT Service Provider Act (TVTG) continues for a transitional period and for non-MiCAR token services. Supervised by the Financial Market Authority (FMA Liechtenstein).

As an EEA member, Liechtenstein applies MiCAR for crypto-asset services. MiCAR was incorporated into the EEA Agreement on 24 June 2025 and pre-implemented domestically from 1 February 2025, so the FMA authorises and supervises crypto-asset service providers (CASPs) including exchanges, with an EU/EEA passport. The earlier domestic TVTG (in force since 1 January 2020) registration regime for 'TT service providers' continues to operate, but providers whose activities fall under MiCAR must obtain a MiCAR (Art. 63) authorisation by 1 July 2026 to keep operating.

Machine-assisted translation · verified 5/23/2026 · orientation, not legal advice. English version →