According to the local publication Swiss info, the amendments concern various areas, including securities trading and bankruptcy of companies. And each of the amendments introduces definitions for digital currencies.
Amendments to the law on trade in securities also take into account trade in digital securities. And the amendments to the law on bankruptcy of companies shall define the legal process for returning digital assets of bankrupt companies. The amendments also define the legal requirements for the operation of cryptocurrency exchanges to reduce money laundering risks.
It is expected that the amendments will come into force early next year. This should give a new impetus to the development of decentralized finance, cryptocurrency and blocchain in Switzerland.
Currently, there are more than 900 companies registered in Switzerland, working in the field of block and cryptovoltaic. Among them is the company Libra, which is developing the stelecoin of the same name.
In early September, the Swiss Canton Zug allowed companies and Fezian individuals to pay taxes in cryptov currencies - BTC and ETH.
