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Monaco Passes New Security Token Laws, but Acting on Them Is Not Easy

Published 07/07/2020, 09:50 AM
Updated 07/07/2020, 11:20 AM
Monaco Passes New Security Token Laws, but Acting on Them Is Not Easy

Monaco is one of the most exceptional countries on the planet. Its unique mix of scenery and history creates a blend that attracts tourists from all over the world. Anyone who has ever visited falls swiftly in love with its charm.


Alongside its reputation for class, architecture and an outstanding grand prix circuit, Monaco has always seen itself as a “niche” financial-sector pioneer. Many people don’t realize that Monaco prides itself on its willingness to think “outside of the box” with respect to financial laws. This thinking shows a commitment to keep the country competitive on the international financial stage, even if it does not deploy some of the more traditional financial laws. This strategy encourages both businesses and the wealthy to call the small nation home.

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