The act is #split into two parts. The first #regards the creation of digital money, or “programmable digital sovereign money,” which can be exchanged in a closed system. In effect, this would allow the Andorran state to create its own token.

A small #light of progress shines from Andorra, a tiny European country nestled between France and #Spain. The country’s government, the General Council of Andorra, recently approved the Digital Assets Act, a regulatory framework for digital currencies and blockchain technology. 

Andorra green lights #Bitcoin and blockchain with Digital Assets Act
An analysis of Andorra’s #Digital Assets Act and the potential confusion surrounding Bitcoin, blockchain and crypto according to crypto business owners.