Switzerland as a testing ground for crypto

[RapidRabbit]

Switzerland always was very interesting to me. As a country, it looks like mix-up of german state, with addintional italian flavour and french grace. Always neutral but politically important too. And this direct democracy stuff! It is sure that place so diffrent from any other have to be open minded for all new technologies. And so it is in the crypto case - Swiss Exchange has just announced that they will enlist first ETF based on cryptocurrency (more about on spam blocked b)
It have made me think: maybe Switzerland is a good place to test how crypto would work on bigger scale, as an official thing, alongside with government institutions and society itself.
And what do you think?

[Cryptoz]

I think Switzerland has a potential in improving crypto project there. I joined a project named Swinca, it is a real estate finance project from Switzerland. After reading the ideas and plans, I think this project will be fit with Switzerland condition.   

[bhm45]

As far as I know Switzerland is a very crypto-friendly country, but there are still taxation laws that will need you to pay taxes on you crypto earnings. So it is advisable there too, as for every other country,  to always keep track of the trades you make in case you one day will need them for the authorities.

[tsakf]

As far as I know Switzerland is a very crypto-friendly country, but there are still taxation laws that will need you to pay taxes on you crypto earnings. So it is advisable there too, as for every other country,  to always keep track of the trades you make in case you one day will need them for the authorities.

People there, know about money for ages. That's why they are crypto friendly. They know what they are doing.

[LogiC]

As far as I know Switzerland is a very crypto-friendly country, but there are still taxation laws that will need you to pay taxes on you crypto earnings. So it is advisable there too, as for every other country,  to always keep track of the trades you make in case you one day will need them for the authorities.

Yes agree with this, I'm rooting to some of ICO projects from this country. People here know how the system of crypto works and we can improve it more in the real world application. Only few countries embracing this business without any political affairs.

[zenbook]

Switzerland is very advanced country, they are interested in crypto world for a long time. 'The Swiss Government is Paving the Way for Crypto Banks' this is headline from one news on coindesk. They  are encouraging crypto currency and blockchain development in their country, and that is very positive news for bitcoin. Switzerland is much smaller then China, USA, Russia, but they can have a big role in blockchain I think.

[leodiaz]

Switzerland is one of the countries that welcome to the cryptocurrency technology. I'm pretty sure that there will be more people involved and create the new crypto technology again. if this news is trusted, I think that it may give a positive effect to the crypto world.

[napster]

In the banking sector, it is very hard to decide if somethnig needed to be tested or not, since it will affect so many things which are related to each other. That's why they are not able to make announcement which is like "we tested it, and we will use it."

[PhiliPPs]

Most likely it is.  Switzerland is now actively developing the use and use of Blockchain cryptocurrency and technology, so I think they will be the first to achieve any results in the use of this industry in everyday life!