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Switzerland as the jurisdiction for new blockchain based finance

Originally published at: https://dailyfintech.com/2021/02/10/switzerland-as-the-jurisdiction-for-new-blockchain-based-finance/

February kicked off with news that Switzerland now lets tokenized securities trade on a blockchain with the same legal standing as traditional assets. The significance is at two levels. The first level is simply legal certainty. Switzerland has long been officially a multi-currency county, because of an alternative currency called WIR. The WIR was set up…