Tagged: swiss federal council

Swiss Federal Council Brings Distributed Ledger Tech or DLT Act Fully into Force and Issues Ordinance

The Swiss Federal Council, the seven-member executive council that constitutes the federal government of the Swiss Confederation and serves as the collective head of state and government of Switzerland, announced recently that the DLT Act has come “fully into force” and the agency also  issued… Read More

Switzerland Acts to Improve DLT/Blockchain Ecosystem with Improved Legal Certainty, Crypto Valley Association Welcomes the Move

The Swiss Federal Council has moved to improved the legal certainty regarding the framework for the utilization of blockchain or distributed ledger technology (DLT).  During a meeting on November 27th, the Federal Council adopted language designed to mitigate risk while removing barriers for DLT utilization…. Read More

Swiss Government Seeks to Improve Framework for Blockchain / Distributed Ledger Technology for Financial Services

Last week, the Swiss Federal Council announced a report on the legal framework for Blockchain and Distributed Ledger Technology (DLT) for the financial services industry. According to the Council, the Swiss legal framework “is well suited to deal with new technologies including blockchain.” Even while noting… Read More

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