Swiss Lawmakers Call Cardano A Promising DLT
Cardano marks another success and the team behind the project announced it on their social media account.
Check out their recent tweet below.
Swiss lawmakers have recently identified @Cardano as a ‘promising’ distributed ledger technology. The recognition highlights one of the results of the tireless efforts of @CardanoStiftung to shape legislation and commercial standards globally. #cardano https://t.co/ufxcWOPcRC
— Cardano Foundation (@CardanoStiftung) September 17, 2020
The feedback was positive as usual on Twitter, with users congratulating the team for their achievement.
The official notes reveal that “a recently created draft law 3 by Swiss lawmakers has named Cardano among a list of ‘promising’ distributed ledger technology companies, alongside peer protocols such as the permissioned Hyperledger and Corda, and the permissionless Algorand blockchain.”
The blog post continued and notes that “Designed by lawmakers to tailor existing laws to blockchain technology, the draft law states that the Swiss Federal Council wishes to further improve the legal conditions surrounding blockchain so that Switzerland can more effectively leverage digitization.”
It’s also important to mention the fact that the Swiss Federal Council believed that there have to be created the best possible framework conditions in a way in which Switzerland can establish itself as a “leading, innovative and sustainable location for fintech and blockchain companies.”
Check out Cardano’s official blog post in order to learn all the juicy details about the subject.
Cardano warns about crypto scams
In other news, just the other day, we were revealing that Cardano has been raising awareness about online scams for a really long time now, and the team seems to be back with more news.
Check out the recent announcement that they just dropped a few hours ago on their social media account.
Recently we have noticed an uptick in the amount of fake and unofficial #Cardano Giveaways on @YouTube again. To clarify, we are not doing any #ada giveaways! Nor will we ever ask you to send your funds to us. Please beware!
Check our statement here: https://t.co/ZOhABRz37O
— Cardano Community (@Cardano) September 17, 2020
Stay tuned for more news.
Eduard Watson Author
An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.