On 1 August 2021, the Federal Act on the Adaption of Federal Law to Developments in the Technology of Distributed Electronic Register (DLT Act) as well as the associated Ordinance come fully into force. This modern regulation of innovative financial market technologies allows Switzerland to remain a leading, innovative and sustainable location for Fintech companies.
The key changes of this legislation concern a licence for DLT trading systems, the improvement of the conditions for DLT and Blockchain companies in Switzerland and an increase in legal certainty in insolvency law.
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