Last week the Slovenian Prime Minister Miro Cerar gave a speech at the round table event on the topic development and regulation of blochchain technology where he pointed out:

”…we want to position Slovenia as the most recognised blockchain destination in the European Union, which will have established all of the infrastructure necessary for its implementation and development. The regulatory bodies and ministries are already studying blockchain, and the state is participating in activities at European level in the area of the introduction and regulation of this technology. We are also already laying the foundations for the initial pilot testing of the technology in the state administration.

Slovenia as a whole is therefore setting itself up as a blockchain-friendly destination, and to that end it is establishing the pillars of a national blockchain ecosystem in the area of the transfer and spread of information, the adoption of legal regulations and the promotion of a supportive environment for the development of companies working in the area of blockchain technology.”

It all started in June 2017 when the government organized the first blockchain meet up and for the first time publically expressed its support of the blockchain technology.

In September 2017, the government established a ”Blockchain Think Tank initiative,” which focuses on education and awareness-raising, drafting of legislative proposals and solutions, and links the government with the private sector. The recent speech of the Slovenian Prime Minister reinforces all the previous governmental activities and points to the country’s desire to embrace the blockchain technology.

All the efforts of the government in collaboration with the private sector shall soon result in a blockchain-friendly regulatory environment where also the token generation events (also known as ICO – initial coin offering) shall have a defined legal framework.