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Guide 17 Dec 2021 · Luxembourg

Cryptoassets used for payments

1 min read

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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

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3. Cryptoasset Trading

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5. Cryptocurrency Mining


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