Countries across the world remain divided over the cryptocurrency revolution that has emerged over the past year. Some, such as China, strive to eradicate all instances of it, but others, including Switzerland, are embracing the blockchain with open arms.
Ahead of a potential crypto G20 summit which could result in a wave of regulatory action, Switzerland has emerged in full support of the technology as voiced via Economics Minister Johann Schneider-Ammann.
The affluent municipality of Zug has become the home for numerous blockchain companies, including the Ethereum Foundation, according to reports. A translation from an address given by the minister indicates willingness for expansion from this hub of blockchain tech to the rest of the country: