Swiss Minister of Economy Johann Schneider-Ammanna said that in the next 5-10 years the country should become a “crypto-nation”, using the positive experience of Zug, which in a short time managed to become a “crypto-valley”
Thanks to the friendly jurisdiction and legal climate, more and more startups and companies related to blockchain and cryptocurrencies are emerging in the region. The city of Zug, the capital of the government-backed association "Crypto Valley", even allows its citizens to pay for municipal services using Bitcoin.
"The canton of Zug - Crypto Valley - has come a long way. We can gain experience there. If the experience in Zug is positive, we can spread it throughout the country. Therefore, I say: we do not need to stay with Crypto Valley, we must become a crypto nation."
According to the official, Switzerland is positioned to take a leadership position in the "fourth industrial revolution" that the crypto industry has already begun:
"We gain our experience and, of course, make cross-comparisons with neighbors and distant competitors. Above all, we are not naive: we do what we find sustainable and promising with all the energy and joy - and we will do without anything that seems critical, which could mean too much risk."
According to https://bitjournal.media
You May Also Like
Bitcoin miners received more than $500 million in November
Bitcoin miners made about $521 million in profit in November, much more than last month.
Bitcoin's dominance index and hashrate are encouraging
While the market looks sluggish, Bitcoin's dominance and hashrate are growing. This may not be a sign of a possible bull run, but it is still a positive sign. This is not the first time that such indicators are markers that Bitcoin will become a locomotive on the rise and will pull along a train of its smaller digital counterparts.
