Ledger-Based Securities
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.
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.