Blockchain / DLT

Swiss Crypto Factsheet

Blockchain and cryptoassets in the financial sector: Switzerland’s pioneering role on the international stage

Switzerland is one of the leading locations in the area of distributed ledger technology (DLT) and blockchain. Especially in the financial sector, a growing fintech and blockchain ecosystem has developed in Switzerland. For Switzerland as a business location, it is crucial for the legal framework to enable innovation and for new technologies to be able to thrive. At the same time, Switzerland’s integrity and good reputation as a business location must continue to be guaranteed in this area too.

Facts about Switzerland as a crypto location:

  • Switzerland is one of the most advanced financial centres in the fintech and blockchain sector with over 1000 companies and innovation-friendly framework conditions.
  • On 1 August 2021, Switzerland became one of the first countries in the world to enact legal regulations for blockchain technology. This creates legal certainty and enables innovation and growth.
  • For Switzerland, the integrity of the financial centre is central. It attaches importance to ensuring that the same rules apply to cryptocurrencies as to real monetary assets, e.g. in the area of combating money laundering. Switzerland is actively working for the rapid international implementation of the corresponding international standards so that no loopholes in the law and no havens for criminal business are created.

Please find below the download link to the Factsheet Crypto – published by the State Secretariat for International Finance (SIF).

Enjoy reading.