The Swiss authorities’ pragmatic, business-friendly attitude makes Switzerland a natural choice for developing blockchain and distributed ledger technologies for new global applications in a tokenized economy. With its high density of corporate headquarters and an established blockchain-savvy ecosystem, the country offers a collaborative network and legal certainty for introducing blockchain-based applications across industries. Switzerland both fosters innovation and offers a reliable regulatory framework.
Initiated in the city of Zug, “Crypto Valley” has established a worldwide reputation as a catalyst for new blockchain business ventures, with early movers such as Ethereum and Bitcoin Suisse paving the way. Meanwhile, Crypto Valley has spread far beyond the borders of Zug, now comprising leading blockchain ecosystems, each with its own original approach, in Zurich, Geneva, Neuchâtel, Ticino, Basel, Vaud, Bern, and Lucerne.
In 2021, the new DLT Framework came into force, giving Switzerland one of the world’s most forward-looking legislation by creating space for innovative projects and entirely new business models in the digital and decentralized world.