The New Swiss DLT Law – Curse Or Blessing?

The so-called Crypto Valley, usually meaning the area covering Switzerland and Liechten-stein, is the home of 960 crypto-related companies with around 5,184 employees. In the midst of them, there are already 11 Unicorns – i.e. projects valued at more than US$1 bio.: Ethere-um, Cardano, Polkadot, Aave, Cosmos, Solana, Tezos, Dfinity, Near, Nexo and Diem (figures from CV VC Top 50 Report H2/2020). In fact, Crypto Valley came through the COVID-19 phase very well as digitalisation and tokenisation saw, in general, a hype during this crisis. Recently, Decentralised Finance (DeFi) is gaining more and more traction and popularity in Switzerland.

The Theatre Of The Absurd