Blockchain

Brief summary

Distributed ledger technology (DLT) and blockchain technologies are among the remarkable and potentially promising developments in digitalisation. Switzerland is one of the leading locations in this area. The Federal Council wishes to further improve the framework conditions so that Switzerland can exploit the opportunities offered by digitalisation.


During its meeting on 18 June 2021, the Federal Council brought the Federal Act on the Adaptation of Federal Law to Developments in Distributed Electronic Register Technology fully into force as of 1 August 2021. The associated blanket ordinance will also enter into force on the same day. This will allow for innovative DLT trading facilities and increase legal certainty in the event of bankruptcy.

One of the key areas of the proposal is the amendment of securities law to provide a secure legal basis for the trading of rights through electronic registers. Furthermore, the segregation of crypto-based assets in the event of bankruptcy is to be clarified by law. Finally, it is planned to establish a new authorisation category for DLT trading systems in financial market infrastructure law, thereby creating a flexible legal framework for new forms of financial market infrastructure.

Further information on the topic can be found on the website of the State Secretariat for International Finance SIF.

Media seminar - 14.12.2018

In-depth insight into blockchain report at media seminar

The blockchain report was presented to interested media professionals and industry representatives not only in Bern, but also in Zug. With its Crypto Valley, Zug is one of the leading Swiss blockchain locations. Jörg Gasser, State Secretary for International Finance, Michael Manz, Deputy Head of the Financial System and Markets Division, and Arie Gerszt, Deputy Head of Capital Markets and Infrastructure, provided an in-depth insight into the technical finesse and subtleties of the report at the media seminar. The visit to the heart of the Crypto Valley underscored the relevance of blockchain technology and its impetus for the Swiss economy. As explained by Jörg Gasser, the report is intended to send a signal to the outside world that Switzerland is not only open to blockchain technology, but also wants to make active use of it.

The recorded media seminar can be found at the link below.

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Last modification 19.10.2021

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