Switzerland launches Blockchain task force

posted 4 months ago
The Swiss government has launched a new group to cement its regulatory framework surrounding blockchain startups and ICOs.

Taskforce Blockchain – spearheaded by Finance Minister Ueli Mausrer and Economics and Education Minister Johann Schneider-Ammann – includes both federal and local officials, as well as members of various blockchain startups and legal representatives, according to a fact sheet.

The group will look at the legal guidelines surrounding ICOs and blockchain companies, while working with the State Secretariat for International Financial Matters – the federal body responsible for implementing financial market policy and representing the government's financial interests across borders.

Schneider-Ammann praised the inclusion of blockchain companies in the conversation surrounding their legal framework.
He added:
"[Blockchain is] becoming more important as a technology for many industries, not just crypto finance. [What is needed is liberal regulation], which opens opportunities for Switzerland's position while at the same time reducing risks."

The Taskforce Blockchain's first meeting will be on Jan. 12, 2018.
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