Monthly Archives

November 2019

CVA welcomes the Swiss Federal Council adoption yesterday of the dispatch on the framework conditions for DLT/blockchain

By | CVA in the News

The Swiss Federal Council adopted yesterday the dispatch on the framework conditions for DLT/blockchain that aims at increasing legal certainty, removing barriers for applications based on DLT and reducing the risk of abuse. The CVA welcomes this step.

The decision constitutes a very important development for the blockchain industry in Switzerland. It provides the country with a very advanced, fundamental and comprehensive legal framework for the DLT/blockchain industry, achieved by adapting existing laws to the extent that necessary instead of introducing a technology-bespoke law.

The CVA is also pleased to see that many of the comments it provided in the course of the consultation (for instance regarding the bankruptcy law) have been taken into account (along with various comments provided by other national trade associations). The first draft of the dispatch was first proposed in December 2018 and put in consultation until June 2019.

With this framework, Switzerland possesses the best conditions to further nurture its already leading, innovative and sustainable position for fintech and DLT companies. The Swiss Parliament will probably examine the proposal for the first time in early 2020.

The CVA wishes a swift political process and stays ready to assist it as needed and required. announces a Corporate Sponsorship Agreement with Crypto Valley Association (CVA)

By | Articles, CVA in the News

Nyon, Switzerland, 22.11.2019 is proud to announce the Corporate Sponsorship Agreement with the Crypto Valley Association, one of the world’s leading blockchain and cryptographic technology ecosystems. The agreement establishes as the CVA’s official online voting supplier from 2020. The CVA will use the mobile application for different purposes, including statutory voting such as during the Annual General Meeting and within any relevant decision making process requiring member participation. provides mobile online voting that is easy and intuitive, with higher security than current mobile banking apps.

About Crypto Valley Association
The Crypto Valley Association (CVA) is an independent, government-supported organization located in the Swiss Canton of Zug. Its focus is on developing and executing community-driven programs targeted at establishing and growing the ecosystem for blockchain and cryptographic technologies globally. Currently, the community consists of approximately 1,500 active and 7,000 passive members, 30% of which are international.

About is a blockchain based voting app offering full supervision to voters directly from their smartphone and the first solution enabling voting rights to any standard token holder. Furthermore, matches the highest requirements in voting platforms in terms of security, data confidentiality and the integrity of the results. Professionals and private organizations are’s primary customer targets.

Ray Chow-Toun, Founder of said: The shoemaker’s children in the blockchain ecosystem do not go barefoot. Henceforth blockchain based voting is a natural evolution in the decision making process at the Crypto Valley Association and we are proud to supply leading edge solution to our peers.

Alexander Schell, Executive Director of the Crypto Valley Association added: is an important new strategic partner for the CVA. In order to make our internal voting infrastructure and mechanisms more transparent, we are partnering with to leverage blockchain technology into the governance of the association. We want to demonstrate, in collaboration with our members and partners, the broad application of distributed-ledger technology. is a perfect example of this symbiosis.

For more information, contact at

Weekly Twitter Summary (2019-11-10 – 2019-11-16)

By | Public Announcements

Economic Framework of Digital Currencies

By | Articles, CVA in the News

Regulatory Working Group (RWG)
Task Force: “Central Banks, Digital Currencies and Monetary Policy – CBDC & MP”
Athanasios Ladopoulos, Task Force Leader.

“This paper is part of a series of papers on central banks, digital currencies and monetary policy. We kick off our journey by examining the economic framework of crypto currencies and briefly addressing relevant issues, opportunities and threats, as well as shedding light on how Central Banks, Retail Banks, Governments and their constituents could be affected. While cryptocurrencies are becoming the evolutionary step of paper money, digital currencies have been in use for some time now, for example in interbank lending and electronic accounts for major financial institutions. However, when it comes to retail banking and more specific the public, digital currencies are destined to change the way we interact with money…”

Read more: Download the full document.

Weekly Twitter Summary (2019-11-03 – 2019-11-09)

By | Public Announcements

Weekly Twitter Summary (2019-10-27 – 2019-11-02)

By | Public Announcements