In today's digital age, Switzerland, the financial capital of Europe, once again demonstrated its leading position by passing a legal amendment to officially recognize the legality of digital securities trading. This move not only brings new development opportunities to the fintech industry, but also points the way for the future of the global digital economy. Let's take a deeper look at the far-reaching significance behind this move by Switzerland.

With the legalization of digital securities trading, financial technology companies will usher in new development opportunities. Digital securities trading platforms with blockchain technology as the core will be more widely used, and the use of smart contracts will make transactions more efficient and transparent. Transactions of digital currencies such as Bitcoin and Ethereum will be more convenient, and investors can allocate assets more flexibly. The application of these new technologies will bring subversive changes to the financial industry and promote financial innovation.

At the same time, the legalization of digital securities trading will also bring new opportunities for corporate financing. The traditional equity financing and debt financing models will be subverted. Enterprises can raise funds by issuing digital securities, reduce financing costs, and attract more investors' attention. Digital securities have higher liquidity and more convenient transactions, which will provide more possibilities for corporate development and promote the sustained growth of the real economy.

However, the legalization of digital securities trading also faces many challenges and risks. Digital assets are highly volatile, and investors need to have higher risk awareness and investment capabilities. Financial regulators need to strengthen supervision, establish a sound regulatory system, and prevent the occurrence of financial risks. Digital securities trading platforms need to strengthen information security protection, prevent hacker attacks and data leaks, and ensure the safety of investors' assets.

In general, Switzerland's recognition of the legality of digital securities trading through legal amendments marks a new chapter in the financial industry's move towards a digital future. This move will bring new opportunities and challenges to the fintech industry, corporate financing and investors, and promote the financial industry to develop in a more open and innovative direction. Let us look forward to the legalization of digital securities trading injecting new vitality into the global financial system and contributing to the vigorous development of the digital economy.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Switzerland passed a series of amendments to financial and corporate laws on Thursday, providing a solid foundation for the development of blockchain and cryptocurrency. According to a report from Swissinfo, the government has amended several laws involving matters such as corporate bankruptcy and securities trading.

The new law defines the legality of digital securities trading and the legal process for recovering digital assets from bankrupt companies. It also defines the legal requirements for operating cryptocurrency trading exchanges so that the risk of money laundering using cryptocurrencies can be reduced.

Earlier this year, the Swiss House of Representatives unanimously passed the country's Blockchain Law.

The amendments to these laws may come into effect early next year, when the blockchain and cryptocurrency industries and decentralized finance are expected to receive a huge boost in Switzerland.

Currently, Switzerland has more than 900 blockchain and cryptocurrency companies, with about 4,700 people working in related fields. The headquarters of the Libra Association led by social media giant Facebook is located in Switzerland.

Switzerland has always been a major player in the banking and financial fields. The country applied blockchain and cryptocurrency a few years ago and supported companies to try out the technology.

According to Bitpush, just last week, the government of Zug, Switzerland's "Crypto Valley", now supports the use of cryptocurrency for tax settlement. Local residents can now pay taxes using two cryptocurrencies, Bitcoin and Ethereum.

In addition, Swiss digital asset bank Sygnum's digital asset trading tool (OTF) also received approval from the Swiss Financial Market Supervisory Authority (FINMA) last week.

From traditional finance to the digital future, Switzerland has always adhered to the concept of open and inclusive finance. The introduction of this legal amendment is undoubtedly a subversive challenge to the traditional financial system, and it is also a firm signal for the digital future. The formal recognition of the legality of digital securities trading will provide investors with more diversified investment options, bring more convenience to corporate financing, and also pose new challenges to financial regulators.