Showing posts with label Switzerland. Show all posts
Showing posts with label Switzerland. Show all posts

Over 800+ Blockchain Start-ups In Switzerland's Crypto Valley At Risk, Citing Lack Of Government Aid Amid Crisis...


Venturelab, a support organization for start-ups says financial help offered by the government to weather the coronavirus crisis isn’t sufficient. 

Included among those start-ups - over 800 blockchain/crypto focused companies that made Switzerland's 'Crypto Valley' their headquarters.

Video courtesy of CNN Money Switzerland 

 -------

After Successful Tests In 2 Cities, Switzerland Expands Their 'Pay Your Taxes In Crypto' Program...


It started with Zug and then Chiasso. Now Zermatt is the latest Swiss town to let residents pay their taxes with Bitcoin. However - while the Swiss government praises the program, some citizens say there's room for improvement... 



Video courtesy of CNN Money Switzerland 

 -------

Switzerland Passes New Regulations For Stablecoins, as they Prepare To Become Headquarters for Facebook's Libra Cryptocurrency...


Swiss Financial Market Supervisory Authority (FINMA) just passed additional regulations specifically for stable-coins, as the nation prepares to become home to the Libra Association headquarters.

This isn't a hostile move - Facebook requested clarity on any vaguely-worded regulations, and clear answers for any remaining grey areas.


Silicon Valley Blows, As Crypto Valley Grows...


When a government makes an effort to stay current on tech, they become capable of regulating things the right way - making sure they do not interfere with innovation, and targeting only bad actors, with precision.

Switzerland is proving that making this extra effort comes with rewards, as they continue to attract highly desirable companies to their country.

There's been no ICO scams, or pump and dumps, among the 800+ cryptocurrency/blockchain based companies that call Crypto Valley home.  In fact, this community of legitimate companies would likely participate in exposing and removing anyone that risks tarnishing the area's reputation.

It's the exact opposite of what we're seeing happen here in Silicon Valley (our headquarters). 

The US is using laws written before the invention of the internet to regulate the new, emerging tech sector of cryptocurrency and blockchain.

Add politicians that are way too comfortable stepping in front of a microphone, having done minimal research, and spewing inaccurate, overblown fears based in ignorance. It's enough to scare even the most legitimate companies away, worried they'll get shut down simply out of lawmaker's confusion.
The end result - billions in revenue, and thousands of jobs lost by the USA - while Switzerland shows no signs of slowing down.

For a recent example, look to Silicon Valley giant Facebook - they won't be expanding their campus here, because Crypto Valley has been named the location for their "Libra Foundation" Headquarters.

Commentary from GCP Editor In Chief: Ross Davis
Video courtesy of: CNN Switzerland. 


Switzerland, A Top Location for Blockchain/Crypto Companies, Has a Big, New Player Coming To Town - Facebook's Libra Association...


Switzerland is already a popular location to set up and launch a company in the blockchain/crypto sector, and is considered one of the more forward-thinking governments when it comes to understanding the tech and welcoming the industry.

So it's no surprise Facebook and the Libra Association chose Geneva Switzerland as their headquarters.

But can they expect a warm welcome from the dozens of companies, and crypto-professionals already there?

Video Courtesy of CNN Money Switzerland.
-------



Now Home To 800+ Companies, Switzerland Dominates Blockchain. They're so Ahead, the Only Competition is Between Their Own Cities...


You've probably heard of Crypto Valley, a region in Switzerland that runs a 20 mile stretch from the cities of Zurich to Zug, that blockchain based companies have flooded into.

Thanks to a government that's chosen to stay educated on emerging tech, rather than fear it - companies feel supported, instead of targeted by regulators.  Basically everything the US government should have done to keep tech in Silicon Valley, is actually being done in Switzerland.

However - Crypto Valley finally has a rival... and it's another area of Switzerland.

-------



While Other Nations Drag Their Feet On Providing Clear and Reasonable Regulations - Switzerland's Crypto Valley Keep On Growing...


We often refer to Switzerland's 'Crypto Valley' as model of what America's lawmakers should do - There, business and the economy is thriving because of their embrace of the blockchain revolution.

Now, a new global blockchain accelerator has launched in Crypto Valley, backed by the cantons of Zug and Uri, and the Greater Zurich Area. Stefan Deiss, the founder and CEO of Blockchain Propulsion, says that the aim is to onboard 100 blockchain projects over the next five years.
-------



Residents of this town in Switzerland are using blockchain to trade excess solar energy with their neighbors...


Switzerland continues to open it's doors and welcome the blockchain & cryptocurrency industry into their country.  In March, the Federal Assembly of Switzerland has voted voted to put cryptocurrency on equal legal footing as traditional assets, and it's minister said they plan to make Switzerland the “Blockchain Capital of the World”.

The plan has been so successful, the City of Zug is now being called 'Crypto Valley' - which Business Insider describes as 'Switzerland's picturesque blockchain version of Silicon Valley'.

That's why when we learned of this story - we expected to hear it took place in Zug.

But the excitement over blockchain in Crypto Valley has begun to spread throughout Switzerland - and in St. Gallen, residents are now using blockchain technology to trade excess solar energy with neighbors.

Video courtesy of CNN Money Switzerland.



Global Crypto Press partners with Blockchain & Bitcoin Conference Switzerland...

Geneva will host the second Blockchain & Bitcoin Conference Switzerland!

On October 9, 2018, Blockchain & Bitcoin Conference Switzerland will take place for the second time in Geneva, the European fintech hub. The event is dedicated to blockchain and cryptocurrencies uniting blockchain project developers, investors, analysts, financiers, specialists in marketing and legal support of business. The first Blockchain & Bitcoin Conference Switzerland was held in February and gathered more than 300 participants.

Background, topics, experts
Blockchain & Bitcoin Conference is a series of events held in different countries of the world by Smile-Expo. In 2018, more than 20 events are planned including the recent conferences in the Philippines, Australia, India, Thailand, France and upcoming events in Sweden, Switzerland, Belarus and Malta. The event in Geneva combines a conference featuring foreign experts and a demo zone where companies will present their products. The program includes a panel discussion and a pitch session for participants of the demo zone.

The team of Smile-Expo, the international event company, includes in the program of Blockchain & Bitcoin Conference Switzerland reports of international experts as well as bright representatives of the Swiss blockchain community. In February, speakers of Blockchain & Bitcoin Conference Switzerland were representatives of CERN and investor listed in Forbes 30 under 30.

Pioneer in financial technologies
Switzerland is a country with the developed banking system and great interest in fintech innovations. Today the country has its own “crypto valley” – the city of Zug, where a functional blockchain ecosystem has been developed and many famous projects are based, such as Ethereum Foundation, Monetas, Lykke. Zug is known for several business accelerators and HSLU-I university that teaches blockchain specialists. Besides, one can use Bitcoin to pay for goods and services here and exchange it for fiat money in one of three Bitcoin ATMs. At the end of July, the voting via the eID system based on the distributed ledger will take place in Zug.

In 2018, Procivis startup has successfully tested and implemented the eID solution and a number of e- Government services. Now users can file tax declarations, register residence, and use passport services with their smartphones.

Furthermore, there are blockchain platforms for over-the-counter securities trading launched by major financial organizations in Switzerland. As for the business application of blockchain, 75% of Swiss companies plan to integrate the technology in the next three years (according to the report of PwC). A

Attend the second Blockchain & Bitcoin Conference Switzerland!
Smile-Expo’s blockchain conference in Switzerland gives an opportunity to meet global blockchain and cryptocurrency experts. It is a comfortable networking space, where one can exchange experience with companies that have already developed and implemented real-life blockchain-based solutions.

The event will be interesting for:

- specialists working in the field of blockchain and cryptocurrencies that want to receive new and
relevant information firsthand

- those striving to build a career in the field of blockchain and cryptocurrencies;

- entrepreneurs that plan to integrate decentralized technologies in their business.

Now you can get Early Birds tickets on the website of the event: https://switzerland.bc.events/

Full Access Conference Pass – 300 EUR only until September 3, 2018.
Student Conference Pass – 100 EUR until October 8, 2018.
------- 
Information provided via press release