In the modern world, data is the new gold, so maximizing cybersecurity is a necessity. RegTech, innovative technology ensuring regulatory compliance, may be crucial to maximizing data...
The anti-money laundering (AML) company Smart Search has implemented a facial recognition feature in their Know Your Customer service.
The new fully automatic id verification platform will reduce the impact on firms that comes from the current movement...
Traditional computation technologies are standard in legal services and governmental administration. But it is not enough to provide fast, secure and cheap digital public services...
Regulatory technology, or RegTech, has been steadily growing in importance, alongside the emerging FinTech industry. The ever-growing number of regulatory...
The Swiss aid plan is praised for its speed of implementation and simplicity of obtaining funds. However, its loans with guarantees amounting to 60 billion francs and deferrals of public law payments do not take the...
The Digital Dollar was proposed as a solution to the socio-economic consequences of COVID-19, as it would enable fast, direct money transfers from the government to citizens. The idea was rejected, but the development of the American digital currency seems to...
Economy is slowing down as the pandemic continues. To help small and medium businesses, Swiss government created a unique system of loans free from interest with the help of commercial banks.
Over 100 thousand SMEs received money in three weeks.
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Bitcoin halving is a highly anticipated event, which takes place every 4 years, or every 210,000 blocks. Every halving reduces the number of newly created Bitcoins by 50% to eventually give Bitcoin a status of a global store of value, which is not...
Germany, the world’s 4th largest economy, and Switzerland, the banking powerhouse, are both considered business-friendly countries. Germany...
CryptoFranc (XCHF) is Switzerland’s digital currency, pegged to an asset - Swiss Franc. Issued on the Ethereum Blockchain, CryptoFranc is fully backed by physical banknotes, which increases its reliability in the eyes of investors. Is it,...
Created out of a need to simplify meeting regulatory requirements in banking, RechTech is the financial world’s latest discovery. Designed as a time-saving tool, it helps to automate bank account opening processes for customers from various backgrounds...
The French court issued its first-ever decision about the legal status of Bitcoin. The case concerned the dispute between the French company Paymium and the British investment company Bitspread. The French lent the British 1000 Bitcoins in...
Powered by innovation, slown down by legal uncertainty, Blockchain-based digital assets may become a powerful tool of the future. In fact, some estimate that the use of Blockchain could reduce costs of cross border payments from 40% to 80%! Designed create equal...
Over hill, over dale, there was a country, which awarded innovation with low taxes: Switzerland. With reduced taxes for promoting Research and Innovation, low ordinary income tax and excellent...
We are proud to announce that our Managing Partner Dr. Katharina Lasota Heller contributed to the CVA Asset Tokenization Position Paper released by the CVA on 2nd of December 2019. The paper addresses practical questions from a legal, regulatory and technological...
On the 6th of November 2019 the Federal Council brought the Financial Services Act (FinSA) and the Financial Institutions Act (FinIA) into force as at of 1st of January 2020 (with a transitional period of 2 years).
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“The compensation of Swiss is bad” is the title of the Swiss tabloid magazine “20 Minuten” on 4 August 2019. The background to this is that Swiss airlines such as SWISS (Swiss International Airlines Ltd), Edelweiss (Edelweiss...
Kamila Geremek
The first work on a cryptographically secured chain of blocks was described in 1991, but it wasn’t until the first decentralised cryptocurrency Bitcoin, which was created in 2009, skyrocketed in value in 2017, that this...
Last week we hosted the 2nd edition of our Champagne & Art series @LEXcellence. We presented the works of Switzerland-based artist, Monika Jurkiewicz. Her beautiful and avant-garde pieces were conversation-starters for several of our 50+ attendees and will be on display and for...
Love it or hate it - CoinDesk’s annual Consensus event in New York stands as one of the premiere events for the world-wide blockchain community - a place where Bitcoin believers, Ethereum enthusiasts and many others gather to discuss developments, take stock of their own progress...
The various approaches to implementing token-economics for projects is, of course, tied to existing regulations, both in Switzerland and in other jurisdictions.
Use the infographic prepared by LEXcellence to get a brief overview of five different scenarios and their...
It isn’t hard to be excited about the many possibilities in the emerging crypto and blockchain space.
Stablecoins? ICOs? STOs? Decentralized exchanges? Programmable money? There seems to be no limit!
But at the same time – it is easy to jump in with both...
On 1st of Mai 2019 the Swiss Federal Council opened consultation on a new ordinance on the Financial Market Supervision Act
The draft regulation specifies the competences of FINMA in international tasks and in ...
LEXcellence together with Crypto Valley Association is attending Consensus in New York this year.
More about the details can be found...
The recent Blockchain Tech Congress in Warsaw - like most blockchain events - was a mixture of individual blockchain enthusiasts, professionals and companies. Like most events it covered some of the topics nearest and dearest to the hearts of those in the space...
It was a great honor for us to be invited recently to take part in a symposium on GDPR and the International Data Flows organised by the The European Union Delegation to the UN in Geneva, the Permanent Mission of Austria in Geneva and the Geneva Internet Platform.
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Switzerland’s Crypto Valley is known all over the world as one (if not THE) place to be for blockchain companies. Many people think of it like a Mecca - and dream of being able to come and set up their startup in “the Valley.” And over the past year it has been...
Our CEO Dr. Katharina Lasota Heller had the honor to be a speaker at the Cryptocurrency World Expo 2018 in Warsaw.
She spoke about:
"Cryptocurrencies in Switzerland - legal aspects, regulations and compliance...
The 2018 Crypto Valley Conference on Blockchain Technology focusses on presentations and discussions on the state-of-the-art, latest advances and future of blockchain...
