The Bank of Liechtenstein will release its own security tokens
Union Bank AG located in Liechtenstein, has announced the launch their own security tokens. For the first time, digital assets will be issued to the licensed financial institution. Creating tokens is just a starting point, the next step will be the release of coin Coin Payment Union Bank, backed by Fiat funds. The management of this financial institution poses a serious and responsible task: to unite the potential of cryptocurrency and blockchain technologies with the most promising solutions of banking products. The Bank has also planned the introduction of the blockchain to all workflows.