Bettel has been Prime Minister of Luxembourg since 2013.<\/p>\n
He is not a technician or programmer, but he is convinced that blockchain can simplify people’s lives.<\/p>\n
“Intangible assets”<\/strong><\/h3>\n
According to occasionally stated by Luxembourg officials, digital currencies are considered intangible assets. \nTherefore they should not be subject to tax until they get to the point of exchanging fiat money. \nIn 2019, the Luxembourg government approved a bill regulating the use of the blockchain in transactions.<\/p>\n