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Switzerland’s New Blockchain Law - Introduction by Luzius Meisser
On September 25, 2020 Swiss Parliament unanimously passed a number of legal adjustments (Geschäft 19.074), which will likely be set into force in 2021. Luzius provides a summary of these adjustments, their background, and what they enable for Switzerland. Essentially, these adjustments serve three purposes: 1. Creating explicit legal foundations for the issuance of security tokens. 2. Preserving the property rights of crypto holders even when the coins are held through a custodian, essentially s…
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