Cryptoassets used for payments
17 Dec 2021
Luxembourg
1 min read
Cryptoassets & Blockchain
Government-recognised assets
Has the government recognised any cryptoassets as a lawful form of payment or issued its own cryptoassets?
The Luxembourg government has not recognised any cryptoasset as a lawful form of payment nor has it issued its own cryptoasset.
Law stated - 22 November 2021
Bitcoin
Bitcoin does not have any special status among cryptoassets.
Law stated - 22 November 2021
Banks and other financial institutions
Do any banks or other financial institutions allow cryptocurrency accounts?
As at November 2021, there are only a few banks and financial institutions in Luxembourg that offer the service of cryptocurrency accounts.
Law stated - 22 November 2021
