The end of 2020 took the crypto market by storm with an exponential increase in the value of cryptocurrencies.
Major corporations and financial institutions, including MicroStrategy, BNY Mellon, MasterCard, and PayPal, got strongly involved with cryptocurrencies. Furthermore, BlackRock and an investment division at Morgan Stanley are exploring investing in Bitcoin.
Switzerland is one of the oldest and friendliest jurisdictions in the world when it comes to the regulation of blockchain and cryptocurrencies. It is the only jurisdiction in the world where it is possible to incorporate a company, pay taxes, and hire consultants using crypto.
Switzerland has established itself and evolved as a leading, innovative, and sustainable location for FinTech and DLT companies, with a strong network of service providers, such as Brokers, Crypto Banks, and Crypto Asset Managers.
Under the current circumstances, How has the flood of institutional investments been experienced in Crypto Valley? And what are the prospects for the near future?