摘要： The Swiss parliament has reformed and clarified legislation for blockchain technology and digital currencies (cryptocurrency) activity in the country, bringing digital assets closer to a mainstream means of exchange and investment.
According to a report from Swiss Info, the “Blockchain Act” in Switzerland has been duly reformed by the country’s Senate after the law had was passed through the House of Representatives completely unopposed.
As detailed, the reformed Blockchain Act has brought about key updates, ranging from company bankruptcy to securities trading. Under the new law, a well defined legal basis for the trading of digital-only securities has been created. The reformed law also helps outline the legal processes for reclaiming digital assets from bankrupt companies. From indications, the law should take effect in the first quarter of 2021.
Adjudged to have a fair blockchain and crypto-centric policies, the move by the Senate body in the Alpine country has endeared blockchain stakeholders. “As of next year, Switzerland will have a regulatory framework that is among the most advanced in the world,” said Heinz Tännler, President of the Swiss Blockchain Federation.
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