Why Switzerland wants to be the crypto nation

While negative rates fundamentally undermine its domestic lenders, the Alpine nation’s enthusiasm for cryptocurrencies also coincides problematically with threats to its private banks.

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Zug, Switzerland proves an unlikely setting for the centre of cryptocurrency

Switzerland is Europe’s most cosmopolitan nation, although its geography should make it the most closed. This is a paradox rooted in finance, and the situation is getting weirder. The European hub of cryptocurrency is not London or Paris, but Zug.  

I travelled to Zug last month to attend a launch of SEBA Crypto, which hopes to get a Swiss banking licence next year to offer accounts in state-issued money as well as crypto, bridging the two.

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