The Swiss Federal Council has made clear that the objective is to create the best possible framework so that Switzerland can continue to grow as a sustainable blockchain and fintech destination.
Bitcoin Association Europe & Operations Manager Patrick Prinz gave the audience a glimpse of the organization’s headquarters in Zug, Switzerland.
Lawmakers in Switzerland have introduced a new system of laws for regulating digital currency and blockchain in the country.
Payments made in digital currency will have a CHF100,00 ceiling, and both companies and private individuals are allowed to pay with digital currency.
Blockchain and digital currencies are “fully compatible” with existing legal frameworks, according to the Swiss Department of Finance.
Switzerland’s government has rejected a request that would have seen several digital currency and blockchain companies benefit from $103 million relief.
Bitcoin Suisse is selling a 20% stake at a $282 million valuation, inviting investment in its Series A fundraising round that kicks off May 11 to mid-June.
The Digital Assets Custody Standard sets out to clarify different standards for storing digital currencies and traditional assets.
The Bitcoin Association has officially become a non-profit association in Switzerland, a move that will prove to be significant in the global expansion of Bitcoin SV.
The Libra project is looking to get things off the ground in a different way, applying for a financial license with the Swiss regulator.
Crypto Finance AG has raised $14.5 million in Series B funding. The funding will go towards expanding its digital currency products to the international market.