Global #Switzerland

Crypto Valley, the Switzerland-based blockchain ecosystem, experienced a remarkable surge in 2024, surpassing a collective valuation of $593 billion.

A group of Bitcoin enthusiasts is pushing to have the Swiss National Bank (SNB) include Bitcoin as part of its official reserves alongside gold, dollars, and euros.

Samuel Kullmann, a member of the Swiss parliament, is spearheading a campaign to include Bitcoin in the country's central bank reserves.

In a bid to bridge the gap between policymakers and the rapidly evolving crypto landscape, the Swiss Blockchain Federation hosted an interactive workshop for members of the Council of States and the National Council.

The crypto landscape has evolved significantly in 2024, with numerous countries embracing digital assets and creating favorable environments for crypto businesses.

As the cryptocurrency market continues to evolve, certain countries are emerging as prime destinations for crypto businesses in 2024. A recent report by Social Capital Markets identifies Dubai, Switzerland, and South Korea as the top three countries, thanks to their legal clarity, favorable tax regimes, and growing acceptance of cryptocurrency payments.