Liechtenstein is located in Liechtenstein as its a sovereign nation

Its on the border of Switzerland and Austria.
But they do speak German so I would consider them to be german which is an offshoot of Germany.

Sure they are on the borders but they take on rules from which country when it comes to their own laws?
Here is a better take on the article I searched for with a bit more explanation on what they are trying to do with their focus on cryptocurrency as a whole instead of a just a microcosm.
https://www.zerohedge.com/news/2018-03-01/liechtenstein-bank-offers-direct-cryptocurrency-investment-and-cold-storage-wallet