Though VPE may be the first German bank to move into cryptocurrency trading, the first European bank to do so was Bank Frick, in the German - speaking microstate of Liechtenstein. (ethnews.com)
Crown Prince Alois of German - speaking Central European landlocked microstate Liechtenstein told CNBC that the family, of which his father the Prince Hans Adam II technically remains in power but with whom for all intents and purposes power resides, is exploring other asset classes, including bitcoin, to fix their wealth woes. (cryptotimes.news)
Some people mistakenly think this is what Liechtenstein - a tiny 25 kilometre long microstate with a population of 37,000 - uses to block free movement, but in actual fact they have a separate treaty provision which they negotiated at the time of their ascension to the EEA and which is anyway mostly about refugees. (politics.co.uk)