Fineqia International Inc. (the “Company” or “Fineqia”) (CSE: FNQ) (OTC: FNQQF) (Frankfurt: FNQA) announces the creation of a fully owned subsidiary, Fineqia AG, in Liechtenstein for its operations in Europe.

A new corporate website is also announced by the company to better showcase its operations.
The new organisation will allow Fineqia to increase its operations throughout the European Economic Area (EEA), which includes Liechtenstein. The nation has passed legislation that complies with EU guidelines and rules, enabling locally based businesses to conduct business on a variety of EU financial markets.
One of the first nations to regulate the digital asset market was the Principality of Liechtenstein, which passed the Blockchain Act in January 2020. The law gives businesses regulatory and legal clarity on blockchain-related services, the tokenization of assets and rights, and the categorization of tokens according to the rights held in them, such as utility, security, or payment tokens. For public offers, the directive also specifies information requirements.

Source: Prnewswire