Innovation & FinTech

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FinTech is the term used to describe the impact of new technologies on financial services. These technologies have given rise to new services and business models from current financial institutions and new participants, and can benefit both consumers and companies as they allow better access to financial services and offer a wider choice of operations and more efficiency.

Law 24/2022, on the digital representation of assets through the use of cryptography and distributed record book technology and Blockchain that partially regulates the activity linked to the issuance of digital assets and establishes deadlines to complement this regulation, was published in the Official Gazette of the Principality of Andorra (BOPA) last 20 July.

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