With its banking prowess, low taxes and elite universities, Switzerland hopes crypto-finance startups will make cities like Zug, seen here in 2017, the heart of an emerging Crypto Valley in Europe. ZUG, Switzerland—When 24-year-old Ian Worrall launched his crypto-investment startup MyBit last year, he chose this Swiss lakeside city. It was an odd fit: the no-holds-barred…

Switzerland, a country renowned for its safe-haven status in capital markets, may have missed the opportunity of becoming a top jurisdiction for initial coin offerings. Tim Draper, a high-profile bitcoin enthusiast and early investor of Tesla, SpaceX, and Skype, has crossed the country off the map after the government allowed regulation to dissuade startups from launching…


Switzerland Municipality of Chiasso to Allow the Payment of Taxes in Bitcoin by the Citizens The Municipality of Switzerland in Chiasso has given the announcement that it will be accepting the tax payments in the form of bitcoin from January 2018 onward. This announcement is significant with respect to the bid of Switzerland towards becoming…