The Liechtenstein Blockchain Act will go into effect on January 1, 2020. Thomas Nägele, president of the Crypto Country Association and co-author of the act, expects up to 20 Swiss companies to relocate to Liechtenstein next year. “When it comes to legislation, we are ahead,” he says.
University of St. Gallen fights fake diplomas with blockchain
The University of St. Gallen is using blockchain so employers can verify if a diploma is real or fake. The new pilot project aims to issue 200 tamperproof certificates by next year, says CIO Harald Rotter. It comes amid concerns of a global rise in this type of fraud.
September 13: What happened in blockchain this week?
New stablecoin guidelines out from FINMA; Crypto Finance plans expansion to Asia Pacific; and the newly-released book “Crypto Nation Switzerland.”
FINMA, E-franc, Libra: The next chapter of crypto in Switzerland
Alexander Brunner, author of the new book “Crypto Nation Switzerland,” explains what Switzerland needs to do to remain a blockchain hub.
September 6: What happened in blockchain this week?
Here’s what happened in blockchain in Switzerland this week: Swiss National Bank chairman delivers speech on digital tokens; crypto bank SEBA aims to go live next month; and blockchain makes a mark at Swiss Digital Day.
SEBA: Ramping up crypto bank costs less than CHF 30 million
SEBA Crypto is one of Switzerland’s first crypto banks after it received the green light from regulators. CEO Guido Buehler says they’ve spent less than 30 percent of the CHF 100 million raised in building up the bank so far. Buehler says now their next step is to generate profits to reach the breakeven mark.
August 30: What happened in blockchain this week?
Here are the top Swiss blockchain stories of the week. Sygnum takes the next steps in building a crypto bank; SIX CEO signals progress for a digital exchange; and an SNB survey shows that blockchain is used by less than 5 percent of Swiss banks.