Published on October 13th, 2017 | by bitcoin0
European Blockchain Boom
Switzerland has emerged as a European hub for cryptocurrency and blockchain development.
Anchored by the city of Zug, which has been nicknamed “Crypto Valley” after the numerous blockchain startups based there, Switzerland has remained a friendly environment for burgeoning blockchain and digital currency companies.
Estonia has also proven to be open to blockchain development; it recently expressed interest in creating a national cryptocurrency to be used within its borders.
The International Monetary Fund has even expressed positive sentiment about the potential applications of blockchain and cryptocurrencies.
The EEA’s interest in considering blockchain regulation promises that the future will be bright for startups hoping to do business in these countries.