Swiss Blockchain Federation wins Excellence Award 2024

This award recognizes the commitment of the Swiss Blockchain Federation (SBF) over the past six years in the area of blockchain, FinTech and crypto and for Switzerland as a business location. Together with its 80 members, the Federation has driven forward the DLT Act, supported the blockchain industry and helped to create a thriving ecosystem in Switzerland that attracts companies and talent.

Heinz Tännler, President of the Swiss Blockchain Federation: "I am delighted to receive this award. It shows that the Swiss Blockchain Federation has successfully supported the industry in recent years and is highly valued as a platform. In addition to our regulatory and economic successes, which we have achieved with a lot of hard work and passion, this award is a great recognition of our efforts. I would like to thank all our members and experts for their outstanding cooperation - as a strong team, we have been able to achieve a great deal for Switzerland as a center of business and innovation in recent years."

A pioneering start and continuous commitment

The SBF was established after a blockchain task force under the patronage of Federal Councillors Johann N. Schneider-Ammann and Ueli Maurer launched the militia project in 2017. Following the official founding of the SBF in October 2018, the association drew up a 10-point plan with regulatory proposals, which it presented to the Federal Council. The Federation also lobbied hard for DLT legislation. With its unanimous adoption in the National Council and the Council of States, Switzerland received one of the most innovation-friendly blockchain regulations in the world. This significant milestone attracted numerous blockchain start-ups and consolidated Switzerland's pioneering role.

The SBF works continuously to promote public acceptance of blockchain and crypto and to draw the attention of politicians to potential problems. A recent success underlines the importance of close cooperation between industry, politics and administration: FINMA recently planned to change its practice regarding staking services, which led to uncertainty and criticism in the industry. The SBF responded with a circular and a joint media release with the Crypto Valley Association to draw attention to the negative consequences of the change in practice. Following intensive discussions with industry representatives and FINMA, a compromise was reached. FINMA then revised its position.

Successful public-private partnership model

The founding of the Swiss Blockchain Federation as a public-private partnership with the four cantons of Neuchâtel, Ticino, Zug and Zurich has proven to be expedient and a successful model. Companies, administration, politics, science and experts were united in an association in order to explore specific issues in working groups, publish highly regarded papers and promote common concerns.

This award confirms that the SER is excellently positioned and a strong platform that contributes significantly to the economic success of the blockchain sector and the Swiss economy. In the future, the SBF would like to continue to actively support the blockchain scene, point out problems and, together with politics, business, science and administration, seek solutions that will continue to position Switzerland as a globally recognized blockchain champion.

Appreciation for more trust in the blockchain industry

The Swiss Crypto Awards recognize innovative investment products, first-class crypto solutions and initiatives, as well as individuals or institutions that have made outstanding contributions to Switzerland. Rino Borini, initiator of the Swiss Crypto Awards and founder of Finance 2.0, explains: "We want to strengthen confidence in the Swiss market for blockchain technologies and draw attention to innovative and outstanding achievements. Switzerland is a globally recognized center for these technologies and it is important that we continue to promote and support this by recognizing those initiatives and projects that have made significant contributions."

Source: www.blockchainfederation.ch