Swiss government set up blockchain special task force

The Swiss government has set up a new team and hopes to further consolidate the regulatory framework for blockchain startups and ICOs.

Swiss government set up blockchain special task force

The Taskforce Blockchain in Switzerland is led by U.S. Treasury Secretary Ueli Mausrer and Minister of Economy and Education Johann Schneider-Ammann. And local officials, as well as blockchain startups and legal representatives.

The blockchain task force will work with the Swiss National Secretariat for Financial Affairs to focus on the legal guidance of ICO and other blockchain companies. The Swiss State Secretariat for Financial Affairs is the federal agency responsible for implementing Swiss financial market policies and representing the government's financial interests with countries.

For the dialogue of blockchain companies actively participating in the legal framework, Swiss Minister of Economy and Education John Schneider Oman expressed his high praise, saying:

“For many industries, blockchain technology is becoming more and more important, not just for cryptocurrency. Blockchain technology offers many opportunities for Switzerland and can be reduced in many areas. risk."

Switzerland has always shown a friendly attitude towards blockchain startups and encrypted digital currency organizations, and Switzerland is also home to the “Crypto Valley”, which is known for its many blockchain startups.

In addition, the Federal Council of the Swiss government also proposed a regulatory sandbox last year, hoping to create a more friendly environment for the blockchain startups in the pilot project.

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