Switzerland's FINMA Eyes Crypto Valley

in #bitcoin7 years ago (edited)

Of twenty-six Swiss cantons, or part states making up Switzerland's confederation, Zug earned overall reputation for its holding onto of digital currencies, for example, bitcoin.

In fact, with a populace the extent of an inadequately went to American ball game, Zug punches far over its relative weight regarding innovative excitement. By summer of a year ago, the city itself even acknowledged bitcoin for a few installments.

Cryptographic forms of money are so part of the way of life of Zug, it has come to be referred to casually as Crypto Valley, a play on tech movers and shakers in Silicon Valley, for instance.

What's more, Crypto Valley's status has been apparently fixed with Initial Coin Offerings (ICOs) blasting in esteem ten times in about the same number of months in the current year, surrounding 200 billion USD by the end of the year.





Sort:  

@eileenbeach has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond. To be Resteemed to 4k+ followers and upvoted heavier send 0.25SBD to @minnowpond with your posts url as the memo

@minnowpond has voted on behalf of @minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond. To be Resteemed to 4k+ followers and upvoted heavier send 0.25SBD to @minnowpond with your posts url as the memo