METACO: Switzerland Leading the Digital Assets Revolution

METACO: Switzerland Leading the Digital Assets Revolution

The news raises questions around everything from how this will affect institutional interest in digital assets, how other digital exchanges will view the news, and just how significant a milestone it is in the context of the growing acceptance of cryptocurrencies. In this guest-authored post for The Fintech Times , Adrien Treccani discusses the implications of this news, and provides an insight into both the Swiss financial ecosystem, and the wider world of finance and digital assets. Adrien is the CEO and Founder of METACO ; a provider of security-critical infrastructure that enables financial institutions to enter the crypto-asset sector. Switzerland has long been regarded as one of the world’s leading financial centres. Less known, but equally important for the future of finance is that since 2013, The Swiss Confederation has additionally emerged as an international hotspot for the development of distributed ledger technologies (DLT) and the expansion of digital asset capabilities. Multiple factors help establish Switzerland as an attractive place to set up digital assets operations: the key one being its regulatory framework, which crucially provides flexibility and security. As early as 2015, the Swiss Financial Market Supervisory Authority (FINMA) issued the first banking license, heralding the founding of