Switzerland

Switzerland’s DLT Act: An FAQ answering the most prominent questions

Regulation / January 23, 2023

On August 1st, 2021, the Federal Act on the Adaptation of Federal Law to Developments in Distributed Ledger Technology (DLT Act) and the associated blanket ordinance came into full force, bringing various aspects related to the distributed ledger technology (DLT) and blockchain technology into the Swiss law. Switzerland was one of the first countries to enact legal …

Switzerland’s DLT Act: An FAQ answering the most prominent questions Read More »

Overview of Switzerland’s regulatory mechanism to combat money laundering related to cryptocurrencies

Regulation / January 23, 2023

Globally, the cryptocurrency industry is subject to illicit activities, notably money laundering — read about the underlying reasons in our previous article Combating money laundering related to cryptocurrencies. In 2018, the National Risk Assessment (NRA) regarding Risk of money laundering and terrorist financing posed by crypto assets and crowdfunding concluded that this global risk is also considerable for …

Overview of Switzerland’s regulatory mechanism to combat money laundering related to cryptocurrencies Read More »