Category: Crypto Valley

Dubai Launching Crypto Valley in Tax-Free Zone

Dubai Launching Crypto Valley in Its Tax-Free ZoneA Dubai government authority has announced that it is launching a crypto valley in the country’s free zone there is no personal or corporate income tax. With the help of its partners from the Swiss crypto valley, Dubai will offer a variety of services such as incubation for startups, coworking facilities, blockchain training, education, events, […]

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Companies Keep Flocking to Swiss Crypto Valley, Over 1,000 Jobs Added in a Year

Companies Continue to Flock to Swiss Crypto Valley, Over 1,000 Jobs Added in a YearCrypto Valley, a fintech-friendly region centered on the canton of Zug, has been expanding to other parts of Switzerland and neighboring Liechtenstein. Despite all the challenges facing the blockchain industry, favorable regulations and improving access to banking and legal services are attracting more and more crypto companies. Their number has increased for a third consecutive […]

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Ukraine in a Rush to Legalize Cryptocurrencies Under Zelensky

Ukraine in a Rush to Legalize Cryptocurrencies Under ZelenskyThe new administration in Kiev, headed by the young president Volodymyr Zelensky, has brought renewed interest in cryptocurrencies. Fresh energy is now being injected into efforts to legalize decentralized digital money and regulate related economic activities. New draft laws have been proposed or are under preparation to accommodate the nascent industry, from which the Ukrainian […]

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Liechtenstein Adopts Token Act to Attract Crypto Business

Liechtenstein Adopts Token Act to Attract Crypto BusinessOne of Europe’s smallest but richest nations, Liechtenstein, has made a significant step towards clarifying the regulatory environment in its already crypto-friendly jurisdiction. The parliament of the German-speaking principality in the heart of Europe has just passed a law that is likely to entice even more crypto companies to its territory. Also read: Turkish Government […]

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Swiss Banks Team With Fintechs to Enter the Crypto Space

Swiss Banks Team With Fintechs to Enter the Crypto SpaceMultiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards the growing crypto industry. The latest partnership between a traditional institution and a fintech startup […]

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Changes Afoot for Philippine Crypto-Friendly Economic Zone

Changes Afoot for Philippine Crypto-Friendly Economic ZoneThe special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also issued new directives to all of its licensees, including 40 crypto […]

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PR: SMART VALOR Lists Bitcoin Cash & Offers Users 10% Cash Back in Crypto

PR: SMART VALOR Lists Bitcoin Cash & Offers Users 10% Cash Back in CryptoThe first Swiss company to operate an integrated cryptocurrency exchange and custody, SMART VALOR, has added Bitcoin Cash to its range of listed tokens.Why does this matter and what’s in it for buyers?

The listing of Bitcoin Cash (BCH) on SMART VALOR matters, because it is the first fully compliant and licensed exchange launched out of Switzerland and Lichtenstein by a team of crypto pioneers of early Bitcoin days.

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Pwc Report Finds STOs ‘Are Not Fundamentally Different From ICOs’

Pricewaterhouse Coopers (PWC) has published a report in collaboration with Crypto Valley seeking to provide “a strategic perspective” on the initial coin offering (ICO) and security token offering (STO) sectors. The report finds that security tokens “are not fundamentally different from ICOs,” estimating that their combined total raised almost $20 billion during 2018. Also Read: […]

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Crypto Startups Push Swiss VC Investments to a Record $1.25B

Crypto Startups Help Push Swiss VC Investments to a Record $1.25BStartups based in Switzerland have attracted a record amount of venture capital in 2018 and companies from the cryptocurrency industry have contributed to the notable increase. Zug, which is home to the country’s Crypto Valley, is among the cantons with the highest growth in investment volume, a new report reveals.   Also read: Crypto Mining […]

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Defying Crypto Winter, Swiss Crypto Valley Grows to 750 Companies

Defying Crypto Winter, Swiss Crypto Valley Grows to 750 CompaniesA new survey shows that the cluster of companies working with cryptocurrencies and related technologies in the Swiss Crypto Valley has expanded, despite the onset of what has been dubbed as “crypto winter.” The valley now covers a larger territory in the Alpine confederation and has spilled over into neighboring Liechtenstein.   Also read: Xapo […]

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Xapo Transfers Key Operations to Switzerland

Xapo Transfers Key Operations to SwitzerlandGlobal crypto services provider Xapo is moving major operations from its base in Hong Kong to its office in Switzerland. The company is incorporated in the Asian financial hub but that may also change soon due to the friendlier business environment in the Alpine nation. Also read: Russian Institutions Back Proposal to Let Companies Use […]

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Crypto-Friendly Statesman Takes Over Swiss Presidency

Crypto-Friendly Statesman Takes Over Swiss PresidencyAfter serving as finance minister of one of the most economically influential nations over the past three years, Ueli Maurer is now starting his term as President of the Swiss Confederation. Given his track record and liberal views regarding fintech regulation, Maurer’s election is considered a positive development for the Alpine nation’s expanding crypto industry. Also […]

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Banking Struggle Drives Bitcoin ATM Manufacturer Lamassu to Switzerland

While governments and banks in some countries are trying to hamper the development of cryptocurrency-related businesses, other locations are cashing in on the investments and new jobs that the industry brings. The latest example of this is the establishment of bitcoin ATM manufacturer Lamassu in Switzerland. Also Read: European Exchange to Offer Investing in Stocks […]

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Report: Swiss City of Zug Named Fastest Growing Tech Hub in Europe

Report: Switzerland's City of Zug Fastest Growing Tech-Hub in EuropeThe city of Zug, home of the Swiss Crypto Valley, has been named the fastest growing technology community in Europe. Zug ranked atop the “State of European Tech” report by London-based global investment firm Atomico last week, on the strength of its year-on-year growth of attendees to tech-related meetup events. Also read: Malaysian Financial Regulators to […]

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PR: Optherium Launches a Global Finance Blockchain Infrastructure

Optherium Launches a Global Finance Blockchain InfrastructureTraditional fiat institutions and cryptocurrency exchanges alike have been troubled by theft, slow transaction speeds and data security. For crypto holders, a lack of asset usability with existing solutions has caused widespread annoyance and kept potential adopters away.

Enter Optherium, a global fintech company and member of the Linux Foundation, Hyperledger, and the Crypto Valley association. Optherium’s MultiDecentralized Private Blockchain Network allows both fiat and crypto users fast asset conversions and secure storage. The mission of the Ecosystem is to bridge the traditional and digital economies by providing the most secure, fastest and most accessible B2B and B2C service.

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Billion-Dollar Startups Flourishing in Switzerland’s ‘Crypto Valley’

Next Silicon Valley: Switzerland's Billion Dollar Cryptocurrency Startups FlourishThe top 50 cryptocurrency and blockchain-related companies in Switzerland’s version of Silicon Valley are now worth $44 billion combined, underscoring the steady growth of the Swiss crypto industry. Altogether, cryptocurrency firms employ about 3,000 people throughout the small country. Included among the top 50 are five “unicorns,” or startups with a market valuation of more […]

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43 Women Nominated for the Board of the Swiss Crypto Valley Association

Swiss Crypto Valley Association to Elect Two Women to Its BoardThe Crypto Valley Association in Switzerland has decided to elect two female board members to diversify its male-dominated leadership. The vote scheduled for September 20 has attracted an unexpected number of nominations – 43. The women will fill similar roles to those of the current members, including co-chairing working groups and interacting with authorities and […]

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Swiss Banks Are Onboarding Crypto Clients and Assets

Another Swiss private bank has announced in a statement that it’s open to on-board cryptocurrencies. Maerki Baumann private bank in Zurich is open to accepting assets that were generated with cryptocurrencies, “under the condition that strict regulatory and legal requirements are fully complied with,” Managing Director Stephan Zwahlen told news.Bitcoin.com. Also read: Many Swiss Bankers and Financial […]

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