Swiss Government Starts Discussions on Local Blockchain Regulations

Swiss Government Starts Discussions on Local Blockchain Regulations

Gate Trade News Wednesday, October 21, 2020 53 1

The Swiss Federal Department of Finance will work on a set of rules to ease the burden on cryptocurrency firms in the country. This furthers local attempts to push the space forward.

 

A new consultation process on blockchain laws is set to begin in Switzerland. Initiated by the country’s Federal Department of Finance, the operation is focused on initiating a blanket ordinance in the local blockchain and distributed ledger technology environment.

 

For Better Laws In Blockchain Industry. A number of parties, individuals, and other interested groups are set to be included in the upcoming consultations in the blockchain spectrum. 

 

The project is planned to go on for three months, ending on February 2 next year.