Switzerland to Ease Regulation for Cryptocurrency Ecosystem
Once called “Crypto Nation,” Switzerland has recently been driving away the ecosystem after setting up a more stringent regulatory framework.
Having dropped from second place last year to sixth in 2018, in a PwC country ranking of the sum of initial coin offering (ICO) funds raised, the government is attempting to make a U-turn in popularity by encouraging banks to accept the accounts of cryptocurrency companies.
Switzerland Struggles with New ICO Regulation, Plans to Facil
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