AGP Executive Report

Crypto Markets in Liechtenstein: RULEMATCH received MiCA authorization from the FMA to run a Vaduz-based crypto trading platform, with onboarding for EEA participants via RULEMATCH Europe AG and Nasdaq-powered trading plus flexible clearing/settlement. Space & STEM in the region: St. Kitts and Nevis launched its first Caribbean space life sciences experiment on an SSC SubOrbital mission from Sweden, studying how microgravity and hypergravity affect human immune cells, with support from the University of Zurich and CSA (Switzerland and Liechtenstein). Pet tech goes wider: Fi expanded its AI-powered GPS pet wearables and connectivity to 38 countries, adding more European markets including Liechtenstein. EU border tech hits travel reality: The EU Entry/Exit System is fully operational, but travelers are warned to expect delays as countries iron out biometric processing issues. Health innovation in Europe: The EU authorized expanded Opdivo (nivolumab) combinations for advanced classical Hodgkin lymphoma, extending immunotherapy options across EU states plus Iceland, Norway and Liechtenstein. Trade momentum tied to EFTA: India expects nine FTAs signed in recent years—including the EFTA pact covering Switzerland, Norway, Iceland and Liechtenstein—to become operational within 9–10 months.

Space & STEM: St. Kitts and Nevis (with Switzerland and the CSA tied to Liechtenstein) launched the Caribbean’s first space life sciences experiment into orbit, aiming to see how microgravity and hypergravity affect human immune cells and gene activity—built with local teacher and student involvement. Crypto Regulation in Liechtenstein: RULEMATCH won MiCA authorization from Liechtenstein’s FMA to run a crypto trading platform via its Vaduz-based entity, with onboarding for EEA participants and a trading setup designed for fast, secure execution. AI Pet Tech Expansion: Fi’s AI-powered GPS pet wearables and connectivity network expanded to 38 countries, including Liechtenstein, as demand grows for reliable tracking and health insights while traveling. Health Tech (EU approvals): The EU cleared new Opdivo (nivolumab) + AVD immunotherapy for newly diagnosed advanced classical Hodgkin lymphoma in patients aged 12+, and AbbVie secured an expanded EU label for VENCLYXTO-based CLL combinations covering EU plus Iceland, Norway and Liechtenstein. Travel Tech: The EU Entry/Exit System is rolling out with biometric checks, and travelers are being warned to expect delays while countries iron out early issues. Media & Telecom: RTL completed its Sky Deutschland acquisition from Comcast, strengthening its footprint across Germany, Austria, Switzerland and customers including Liechtenstein.

AI & Consumer Tech: Fi is expanding its AI-powered GPS pet wearables and connectivity network to 38 countries, adding new markets across North and Europe and including Liechtenstein in its roaming coverage. Space & STEM: St. Kitts and Nevis has launched the first Caribbean space life sciences experiment, developed with the University of Zurich and the Centre for Space and Aviation Switzerland and Liechtenstein (CSA), to study how gravity affects human immune cells. Crypto Regulation in Liechtenstein: RULEMATCH received MiCA authorization from Liechtenstein’s FMA to run a Vaduz-based crypto trading platform, with onboarding for EEA participants and a Nasdaq-powered trading setup. Health Tech (EU approvals): The European Commission authorized Opdivo (nivolumab) plus AVD as the first immunotherapy-based regimen for newly diagnosed advanced classical Hodgkin lymphoma in the EU. Green Tech & Energy Cooperation: Volvo says its EV drivers will gain access to Tesla Superchargers across 29 European countries via the Volvo app starting in Q4 2026. Policy & Travel Tech: The EU’s Entry/Exit System is rolling out biometric border checks, with travelers warned to expect delays while countries iron out implementation issues.

Crypto Regulation in Liechtenstein: RULEMATCH says it has received MiCA authorization from the Financial Market Authority to run a Vaduz-based crypto trading platform, with EEA participant onboarding via RULEMATCH Europe AG and trading starting on an RFQ model with multiple market makers. Border Tech for Travelers: The EU’s Entry/Exit System (EES) is rolling out biometric border checks, but travelers are warning of delays and “teething problems” as countries adjust implementation; Liechtenstein is listed among the non-participating countries. Green Trade Links: Norway’s envoy to India calls PM Modi’s Norway visit “historic and substantial,” citing about 30 agreements and a USD 100B commitment under the India-EFTA TEPA, spanning trade and technology. EV Charging Roaming: Volvo will let drivers use the Volvo app to find, navigate, and pay for Tesla Superchargers across 29 European countries starting Q4 2026, including Liechtenstein. Space & Life Sciences: St. Kitts and Nevis crossed into space with a life sciences experiment launched from Sweden, developed with partners including Switzerland and Liechtenstein.

Border Tech & Travel: The EU’s Entry/Exit System (EES) is fully operational and uses biometric checks (fingerprints and facial scans) for non-EU travelers, but “teething problems” are already causing delays—so airlines are warning passengers to build in extra time when leaving Europe. Space & Life Sciences: St. Kitts and Nevis has reached a major milestone with a historic space life sciences launch from Sweden, partnering with Swiss institutions and Liechtenstein’s CSA to study how gravity affects genome architecture and gene expression. Patents & Innovation: Moldova joined the European Patent Organisation as its 40th member, meaning European patent applications will automatically include Moldova from 1 June—boosting regional IP coverage. Health Tech (EU approvals): The European Commission expanded approvals for cancer therapies, including Opdivo plus AVD for advanced classical Hodgkin lymphoma and an expanded VENCLYXTO label for first-line CLL combinations. EV Infrastructure: Volvo says its drivers will be able to find, navigate to, and pay for Tesla Superchargers across 29 European countries starting in Q4 2026, including Liechtenstein.

Space & STEM Education: St. Kitts and Nevis has launched a historic life-sciences experiment on an SSC Space mission from Esrange in Sweden, aiming to study how gravity affects genome architecture and gene expression, built with partners including the University of Zurich and the Center for Space and Aviation Switzerland and Liechtenstein. Health Tech & Regulation: The EU has expanded approvals for cancer therapies, including Opdivo (nivolumab) plus AVD for newly diagnosed advanced classical Hodgkin lymphoma and a positive CHMP opinion for perioperative pembrolizumab/enfortumab vedotin in cisplatin-ineligible muscle-invasive bladder cancer. Biotech Label Updates: AbbVie’s VENCLYXTO (venetoclax) got an expanded EU label for additional first-line CLL combinations, including with acalabrutinib (with/without obinutuzumab) and with ibrutinib. Charging Infrastructure: Volvo EV drivers will be able to find, navigate to, and pay for Tesla Superchargers across 29 European countries via the Volvo app starting in Q4 2026, including Liechtenstein. IP & Innovation Policy: Moldova became the 40th member of the European Patent Organisation, extending automatic European patent designation from 1 June. Media & Connectivity: RTL completed its deal to buy Sky Deutschland from Comcast, bringing RTL ownership of Sky operations across Germany, Austria and Switzerland, with customers including Liechtenstein.

Patent & Innovation Policy: Moldova became the 40th member of the European Patent Organisation, with European patent applications automatically designating Moldova from 1 June—another step for broader, easier IP protection across Europe. Media & Connectivity: RTL completed its deal to buy Sky Deutschland from Comcast, bringing RTL ownership of Sky operations across Germany, Austria and Switzerland, with customers including Liechtenstein. Space & STEM: A Caribbean–Swiss mission launched a space life sciences experiment from Sweden’s Esrange Space Center, built with the University of Zurich and Liechtenstein’s CSA to boost STEM education and research links. Healthcare Regulation: The EU CHMP backed perioperative pembrolizumab plus enfortumab vedotin for cisplatin-ineligible muscle-invasive bladder cancer, and AbbVie secured an expanded European label for VENCLYXTO combinations in previously untreated CLL (including Liechtenstein). EV Charging: Volvo says its drivers will gain access to Tesla Superchargers across 29 European countries via the Volvo app starting Q4 2026, including Liechtenstein. Green Transition Funding: Poland received a 160 million euro EEA-backed programme to accelerate climate, energy, nature and circular-economy projects, with Iceland and Liechtenstein among partners.

Media & Telecom: RTL has completed its deal to buy Sky Deutschland from Comcast, bringing RTL ownership of Sky operations across Germany, Austria and Switzerland—plus customers in Liechtenstein—while positioning the group to better compete with global streaming platforms. Space & STEM: A Caribbean–Swiss mission launched a space life sciences experiment from St. Kitts and Nevis and Switzerland, developed with the University of Zurich and Liechtenstein’s CSA, aiming to boost STEM education and research capacity. Patents & Innovation Policy: Moldova became the 40th member state of the European Patent Organisation; from 1 June, European patent applications will automatically include Moldova, extending patent value across Europe. Health Tech & Regulation: The EU CHMP issued a positive opinion for perioperative pembrolizumab plus enfortumab vedotin in cisplatin-ineligible muscle-invasive bladder cancer, with a final EU decision expected later in 2026. EV Charging Ecosystems: Volvo drivers will gain access to Tesla Superchargers across 29 European countries via the Volvo app starting in Q4 2026, including Liechtenstein. Blockchain & Markets: Tokenizing critical minerals is moving toward more institutional setups, with Liechtenstein/Switzerland vault-backed commodity tokens highlighted as a way to modernize ownership. Green Funding: Poland signed a 160 million euro programme to accelerate its green transition, supported by Norwegian and EEA grants with Liechtenstein among partners.

Space & STEM: A new Caribbean–Swiss space biology mission launched from Sweden, sending a life-sciences experiment developed with St. Kitts and Nevis, the University of Zurich, and Liechtenstein’s CSA to boost STEM education and research links. Trade Policy: India and Oman’s CEPA kicks in June 1, with duty-free access for most tariff lines and a push for faster growth in textiles and agricultural exports. Health Regulation: The European Commission authorized expanded VENCLYXTO® (venetoclax) combinations for first-line chronic lymphocytic leukemia, with coverage extending to EU states plus Iceland, Norway, and Liechtenstein. EV Infrastructure: Volvo drivers in Europe will gain access to Tesla Superchargers via the Volvo app starting Q4 2026, including Liechtenstein among participating markets. Climate & Safety: A deadly spring heat wave is breaking temperature records across Europe, with satellite monitoring highlighting extreme conditions and rising health risks. Green Transition Funding: Poland secured a 160 million euro EEA grant package to accelerate climate, energy, nature, and circular-economy projects, supported by Iceland and Liechtenstein. Digital Assets Regulation: France’s new “JONUM” framework moves monetisable digital object games into a regulated lane, aiming to balance player protection with innovation. Medical Research: CHMP issued a positive opinion for perioperative pembrolizumab plus enfortumab vedotin in cisplatin-ineligible muscle-invasive bladder cancer, with a final EU decision expected later in 2026.

Trade Tensions: The US, EU and China are ratcheting up mutual tariff restrictions, with the US average tariff hitting 11.8% in April 2026 and a new tiered metals system that could reshape costs across Europe. Border Tech in Practice: Wizz Air UK warns travellers to build in extra time for EU Entry/Exit System (EES) delays as passport biometrics roll out, with some countries pausing or slowing implementation. Climate & Space Monitoring: A Europe spring heat wave is smashing temperature records, tracked via ESA Copernicus Sentinel-3 data, with reported deaths and record-breaking readings across multiple countries. Health Tech (EU/EEA): The EU Commission authorized expanded VENCLYXTO (venetoclax) combinations for previously untreated CLL, including use with acalabrutinib and ibrutinib, extending coverage to Liechtenstein, Iceland and Norway. Charging Infrastructure: Volvo EV drivers will be able to find, navigate to and pay for Tesla Superchargers via the Volvo app across 29 European countries starting Q4 2026, including Liechtenstein. Green Transition Funding: Poland’s €160m climate and energy programme is backed by Norwegian and EEA grants, with Liechtenstein among the long-term partners and calls starting in late 2026. Digital Regulation: France’s new “JONUM” framework creates an experimental legal category for online games with monetisable digital objects, aiming to balance player protection and innovation. AI/Finance Rules: A MiCA comparison series breaks down how EU crypto licensing differs from VARA (Dubai) and Singapore’s regimes, focusing on what “a licensed firm” really means. Tokenized Commodities: Metals.io pitches blockchain-backed commodity tokens, claiming physical backing stored in Liechtenstein and Switzerland for direct access to critical minerals.

EV Charging Roaming: Volvo EV drivers will be able to find, navigate to, and pay for Tesla Superchargers across 29 European countries via the Volvo app starting in Q4 2026, with Liechtenstein included—good news for cross-border travel and faster charging reliability. Medical Regulation: The EU’s CHMP backed perioperative pembrolizumab plus enfortumab vedotin for certain cisplatin-ineligible muscle-invasive bladder cancer patients, with a final European Commission decision expected in Q3 2026—relevant for Liechtenstein’s access to new oncology options. CLL Treatment Update: AbbVie secured an expanded European Commission label for VENCLYXTO (venetoclax) in previously untreated CLL, extending combination options across the EU plus Iceland, Norway, and Liechtenstein. Green Transition Funding: Poland’s climate and energy programme got 160 million euros via Norwegian and EEA grants, with Liechtenstein named among the long-term partners—supporting geothermal, storage, air quality, and circular economy projects. Tokenized Commodities: A Liechtenstein-and-Switzerland-backed push for tokenizing real-world assets highlights how blockchain is moving from experiments toward institutional-grade infrastructure for trading physical critical minerals. Policy & Tech Governance: France’s new rules for “Games with Monetisable Digital Objects” (JONUM) aim to balance player protection with innovation as blockchain-based, tradable in-game assets spread.

Health Tech & Regulation: The EU CHMP has issued a positive opinion for Merck’s KEYTRUDA (pembrolizumab) plus Padcev (enfortumab vedotin-ejfv) as perioperative treatment for adults with cisplatin-ineligible resectable muscle-invasive bladder cancer, with a final EU decision expected in Q3 2026—relevant for patients in the EU plus Iceland, Liechtenstein, and Norway. Biotech Pipeline: Separately, Merck’s CHMP nod also points to broader perioperative options in Europe, while Pharming’s Joenja (leniolisib) gained EU marketing authorization for activated PI3Kδ syndrome, with first launch expected in Germany in Q3 2026. Green Transition Funding: Poland has secured a 160 million euro programme under Norwegian and EEA Grants, backed by Iceland and Liechtenstein, targeting climate, energy, nature, and circular economy projects. Mobility & Charging: Volvo EV drivers will be able to find, navigate to, and pay for Tesla Superchargers via the Volvo app across 29 European countries starting Q4 2026, including Liechtenstein. Digital Policy: France’s new JONUM framework creates a regulated category for “Games with Monetisable Digital Objects,” aiming to balance player protection with innovation. Local Relevance: Liechtenstein appears in multiple EU/EEA-linked tech and health rollouts, from charging access to medical approvals.

Green Transition Funding: Poland has secured a €160m climate and energy programme backed by Norwegian and EEA grants, with Iceland, Liechtenstein and Norway as long-term partners—funding geothermal, storage, air quality, ecosystem protection and circular economy projects. EV Charging Interop: Volvo says its drivers will be able to find, navigate to and pay for Tesla Superchargers across 29 European countries via the Volvo app starting Q4 2026, including Liechtenstein. Health Tech—Bladder Cancer: The EU CHMP gave a positive opinion for Merck’s KEYTRUDA plus Padcev as perioperative and then continued adjuvant treatment for cisplatin-ineligible resectable muscle-invasive bladder cancer, with an EC decision expected in Q3 2026 for EU plus Iceland, Liechtenstein and Norway. Health Tech—Rare Immunodeficiency: Pharming’s Joenja (leniolisib) won EU marketing authorization as the first approved treatment for activated PI3Kδ syndrome, with Germany launch expected in Q3 2026. Digital Regulation: France’s new decree enables “JONUM” games with monetisable digital objects, aiming to balance player protection with innovation as blockchain-linked, tradable rewards spread. Tokenized Commodities: A Liechtenstein-and-Switzerland vault model is highlighted for tokenizing critical minerals and commodities, positioning blockchain as a way to modernize ownership and trading.

Green Tech Funding: Poland’s climate and energy programme just landed €160M via Norwegian and EEA grants, with Liechtenstein and Iceland named as long-term partners—aimed at geothermal, energy storage, air quality, nature protection and circular economy projects. Charging Networks: Volvo says its EV drivers will be able to find, navigate to and pay for Tesla Superchargers across 29 European countries via the Volvo app starting Q4 2026, including Liechtenstein. Health Tech & Regulation: The EU CHMP backed perioperative pembrolizumab plus enfortumab vedotin for cisplatin-ineligible muscle-invasive bladder cancer, with a final EU decision expected in Q3 2026 for EU plus Iceland, Liechtenstein and Norway. Rare Disease Drug Approval: Pharming’s Joenja (leniolisib) won EU marketing authorization as the first approved treatment for activated PI3K delta syndrome, with Germany launch expected in Q3 2026. Digital Rules for Games: France’s new decree enables “JONUM” games with monetisable digital objects, setting a player-protection vs innovation balance for blockchain-style, tradable in-game rewards. Tokenized Commodities: A Liechtenstein-and-Switzerland-backed model is pushing blockchain tokenization of physical critical minerals and metals, positioning it as a more direct ownership route for investors. Geopolitics & Tech Partnerships: Nordic leaders met India in Oslo to deepen a “Green Technology and Innovation” partnership spanning AI, digital infrastructure, research and space—relevant for Liechtenstein’s EEA ties.

Green Tech Funding: Poland signed a 160 million euro climate and energy programme backed by Norwegian and EEA grants, with Liechtenstein and Iceland in the long-term partnership; priorities include geothermal, energy storage, air quality, ecosystem protection and circular economy, plus open calls starting in Q3–Q4 2026. Charging Networks: Volvo says its EV drivers will be able to find, navigate to and pay for Tesla Superchargers across 29 European countries via the Volvo app from Q4 2026, including Liechtenstein. Health Tech (EU/EEA): The EU CHMP issued positive opinions for two cancer and immunology moves: perioperative pembrolizumab plus enfortumab vedotin for cisplatin-ineligible muscle-invasive bladder cancer, and Pharming’s Joenja (leniolisib) as the first EU-approved treatment for activated PI3K delta syndrome. Tokenized Commodities: A Liechtenstein-and-Switzerland-backed tokenization model is pitching direct ownership of physical critical minerals (gold, uranium, rare earths) via blockchain-based trading. Finance & Tech in Vaduz: Finance Forum Liechtenstein in Vaduz drew 450+ leaders on stability, regulation, talent and technological change shaping Europe’s outlook. Digital Regulation (France): France’s new decree enables “JONUM” games with monetisable digital objects under its 2024 digital-space law, aiming to balance player protection with innovation.

Green Transition Funding: Poland has signed a climate and energy programme worth €160m, backed by Norwegian and EEA grants and aimed at geothermal, energy storage, air quality, nature protection and a circular economy, with open calls starting in Q3–Q4 2026 and a dedicated push against climate disinformation. EV Charging Interop: Volvo says its drivers will be able to find, navigate to and pay for Tesla Superchargers across 29 European countries via the Volvo app from Q4 2026, including Liechtenstein. Health Tech & Regulation: The EU CHMP has issued a positive opinion for perioperative pembrolizumab plus enfortumab vedotin for cisplatin-ineligible muscle-invasive bladder cancer, and separately the European Commission has authorized Pharming’s Joenja (leniolisib) as the first EU treatment for activated PI3Kδ syndrome. Biotech Deal: SERB Pharmaceuticals will acquire exclusive Idefirix (imlifidase) rights from Hansa Biopharma for €115m across the EU plus Iceland and Liechtenstein, pending regulatory steps. Local Tech & Finance: Liechtenstein’s PM told finance leaders at Finance Forum Liechtenstein that stability and continuity are key as regulation, geopolitics and technological change reshape the sector. Science-Policy Link: Iceland’s EU-accession referendum campaign is being framed as a test against AI-fueled disinformation and foreign interference ahead of the 29 August vote.