Andorra Stablecoin Regulation
Stage: Live
Regulator: Autoritat Financera Andorrana (Andorran Financial Authority)
Law 24/2022 "Digital Assets Law" enacted June 30, 2022; operational framework; regulates blockchain, DLT, cryptocurrencies, stablecoins; AFA (Andorran Financial Authority) primary regulator; requires registration, licensing, minimum capital, civil liability insurance, "veedor digital registrat" (authorized representative); provides framework for stablecoins and collateralized backing assets; AndorraDex trading platform; AML/CFT compliance required.
Applicable Laws:
- Digital Assets Law (Llei 24/2022) - https://manimama.eu/andorras-digital-assets-law-paving-the-way-for-technological-innovation/
