Republic of San Marino ratifies its blockchain regulation by Government Decree and grows its advisory committee

The State-sponsored Scientific Committee of San Marino Innovation grows its blockchain knowledge with appointment of José Maria Macedo


San Marino, June 7, 2019: San Marino Innovation, a State-owned company headquartered in the Republic of San Marino, today announced that José Maria Macedo, Head of Advisory at blockchain consultancy, AmaZix, will be joining the scientific committee as its tokenomics expert in order to further develop the Republic’s standing as a world-leading hub for blockchain technologies.


San Marino, a microstate surrounded by north-central Italy, is the world’s oldest Republic. It is now pioneering global innovation in digital ledger technology through San Marino Innovation, a company incorporated by the Government of the Republic of San Marino. The company will drive open innovation initiatives, grow the blockchain ecosystem, and establish San Marino as an innovation hub – all backed by favourable government legislation and regulation.


The committee is committed to the scientific study of the applications of Blockchain technology. It will look at the regulatory issues, and the consequent legislation that will have to be enacted in order to welcome those who grow businesses in the sector. With the results of its work, it will form a framework for those who want to develop the digital ledger technology within the Republic’s perimeter, incubating startups and attracting joint corporate innovation projects.


Sergio Mottola, President of San Marino Innovation, said:

San Marino is ideally placed to become a global blockchain hub. By nurturing this disruptive technology, The Republic wants to become a leading country in blockchain technology, backed by favourable regulation and legislation that attracts and incubates innovative startups, as well as enterprise companies which wish to trial digital ledger technology, creating an environment in which their digital economy ideas can thrive.



We have sought global experts to help build our vision, and we are pleased to add José Maria Macedo, partner at AmaZix, to the committee as our tokenomics expert, and to advise on blockchain regulation and policy.”


José Maria Macedo, Partner and Head of Advisory at AmaZix, said:

It’s an honor to have been selected to join the committee of San Marino Innovation. With the backing of the Government of the Republic, it is building an ecosystem that will attract the best blockchain businesses from around the world and secure San Marino’s place as a leading global blockchain hub.”