TOKENIZATION POLICY
The Vanderbilt Terminal for Digital Asset Policy & Regulation
INDEPENDENT INTELLIGENCE FOR TOKENIZATION POLICY, LEGISLATION & POLITICAL ECONOMY
GENIUS Act: Signed Law ▲ Jul 18 2025| MiCA Status: Live ▲ Dec 2024| CLARITY Act: Senate Pending ▲ Jul 2025| Crypto Lobbying 2024: $202M PAC ▲ Fairshake| OECD CARF Countries: 75+ ▲ +12| CBDC Projects: 130+ Active ▲ Atlantic Council| FATF Travel Rule: 73% Compliant ▲ Jun 2025| Pro-Crypto Congress: 300+ Members ▲ +91| GENIUS Act: Signed Law ▲ Jul 18 2025| MiCA Status: Live ▲ Dec 2024| CLARITY Act: Senate Pending ▲ Jul 2025| Crypto Lobbying 2024: $202M PAC ▲ Fairshake| OECD CARF Countries: 75+ ▲ +12| CBDC Projects: 130+ Active ▲ Atlantic Council| FATF Travel Rule: 73% Compliant ▲ Jun 2025| Pro-Crypto Congress: 300+ Members ▲ +91|

DLT Act

DLT Act (Swiss Federal Act on the Adaptation of Federal Law to Developments in Distributed Ledger Technology)

Switzerland's 2021 DLT Act creating ledger-based securities as a new legal category, establishing DLT trading facility licences, providing insolvency segregation for crypto assets, and implemented by FINMA.

Donovan Vanderbilt · February 24, 2026

FINMA (Swiss Financial Market Supervisory Authority)

FINMA's principles-based approach to crypto regulation, including its 2018 ICO guidelines, three-category token classification, and DLT Act implementation.

Donovan Vanderbilt · February 24, 2026

Global Tokenization Policy: How 25 Countries Are Shaping Digital Asset Law

A comprehensive guide to digital asset legislation across 25 jurisdictions — from the GENIUS Act to MiCA, from the Swiss DLT Act to Hong Kong's ASPIRe Roadmap.

Donovan Vanderbilt · February 24, 2026 · 18 min read

Switzerland vs Liechtenstein: Two Alpine Innovation Leaders Compared

Switzerland's DLT Act and Liechtenstein's Token Act represent the world's two most innovative small-state tokenization legal frameworks — each with distinct strengths for different use cases.

Donovan Vanderbilt · February 24, 2026 · 7 min read

Switzerland: The World's Most Complete Legal Framework for Digital Assets

Switzerland's digital asset policy — DLT Act, FINMA's principles-based guidance, Crypto Valley, and the political economy of a financially sophisticated neutral state that chose to lead on blockchain law.

Donovan Vanderbilt · February 24, 2026 · 10 min read

Switzerland's DLT Act: How Crypto Valley Built the World's First Blockchain Legal Framework

The Swiss Federal DLT Act, in force since 2021, created the world's most comprehensive legal framework for blockchain-based securities — establishing Switzerland as the gold standard for tokenization law.

Donovan Vanderbilt · February 24, 2026 · 9 min read
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