Since Switzerland introduced its distributed ledger technology legal framework in February 2021, the European banking hub has positioned itself at the forefront of the crypto assets marketplace. It has done this by classifying cryptocurrencies as an asset class, similar to property or gold, rather than as a security. Now retail investors have been granted entry to this market.
As part of this trend, Swiss securities services provider Taurus, a company backed by Deutsche Bank, has been granted a new licence that allows it to extend its services and allow access to its digital asset TDX marketplace to retail investors. This makes it the latest addition to the list of entities pushing for the mainstreaming of digital assets.
