IBX AG issues the BHP tokens

The government of Liechtenstein in 2019 passed a piece of legislation called the Blockchain Act that aims to regulate blockchain technology and its various applications. This act is a significant step towards creating a regulatory framework for blockchain-based businesses, making Liechtenstein one of the first countries to have done so. The act provides a clear legal definition of the various types of tokens and cryptocurrencies, and it outlines the specific legal requirements for companies that deal in such assets.

IBX AG is based in Triesen (Liechtenstein) because the Blockchain Act provides a clear and comprehensive regulatory framework for blockchain-based businesses.