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The Luxembourg’s asset backed cryptocurrency to offer world-widely a universal payment and wealth management Ecosystem. Space is one of today’s major growth industries. To name just one example: The telecommunications sector generates revenue of over 100 billion Euros every year – thanks to advances in satellite technology including global coverage. The bottom line: Europe should become a driving force in the industry or risk missing out. For this to happen, support from European policymakers remains crucial despite the involvement of private actors in the space sector.