Fine Wines Become First Tokenized Securities Under New Swiss Blockchain Law
In effect from today, Switzerland's new blockchain law allows Sygnum to freely issue tokenized assets, starting with investable wines.
Our reporter contacts state lawmakers for clarification and ends up inadvertently reshaping a bill.
As chief legal officer, Olta Andoni will be navigating uncharted waters, given the novel and complex issues posed by NFTs.
The two are making the jump after a combined 11 years at Carlton Fields, a smaller law firm.
The reported move comes as India is moving towards a potential ban on non-governmental cryptocurrencies.
The scheme allegedly included offering bitcoin at “half market price.”