A collaboration between Swiss legal, banking, and financial software firms has led to the creation of the Capital Markets and Technology Association (CMTA). The aim is to help smooth the adoption of blockchain in the Swiss financial markets.
Lenz & Staehelin, Switzerland’s largest law firm, Swissquote Bank Ltd, the Swiss leader in online banking, and Temenos, a Swiss market leader in banking software make up the Association.
The firms came together in response to the regulatory uncertainty that impacts the blockchain industry.
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