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Albanian Parliament Signs New Crypto Law: A Bid to Become Blockchain Hub?

Albanian Parliament Signs New Crypto Law: A Bid to Become Blockchain Hub? | Finance Magnates

On May 21st, the Albanian parliament signed a new bill into law to implement a legal framework for cryptocurrencies, which CoinTelegraph described as “Europe’s most comprehensive crypto law yet.” The legislation seeks to regulate conditions for licensing all cryptocurrency-related activities that take place on an infrastructural level in the country, and was passed with a heavy majority: 88 votes in favor, 16 votes against, and 3 abstentions.