Swiss Federal Assembly Approves Instructions on Cryptocurrency Regulation
Cointelegraph
Published Mar 20, 2019 06:35PM ET
Swiss Federal Assembly Approves Instructions on Cryptocurrency Regulation
The legislative body of the Swiss government, the Federal Assembly, has approved a motion to instruct the Federal Council to adapt existing legislation for cryptocurrency regulation. Coitelegraph auf Deutsch reported on the development on March 20.
The motion introduced by Liberal assemblyman Giovanni Merlini intends to instruct the Federal Council to adapt existing provisions on procedural instruments of judicial and administrative authorities, so that they can also be applied to cryptocurrencies. The Council approved the motion introduced with 99 to 83 votes in favor and 10 abstensions.
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Written By: Cointelegraph
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