06/02/17
According to CoinDesk, the Swiss Federal Council has the intention of changing legislation to attract blockchain startups.
The Council which consists of seven members intends to hold consultations on possible changes in licensing and classification of companies.
In particular, it refers to division and capitalization.
The Federal Council notes that it is ready to swiftly react to appearance of “unconceivable” business models in the financial sector.
CoinDesk informs, there are no details regarding intentions of Swiss authorities yet, but their statement confirms their desire to attract as many startups into the country as possible.
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