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Blockchain-friendly Switzerland bears the name of Crypto Nation for a reason. It has become an undisputed giant leader in the international digital asset and blockchain space, and the Swiss are expected to be the worldwide cryptocurrency pioneers for at least the near future.

Dubbed Crypto Nation for its friendly stance for innovations including blockchain and cryptocurrency, Switzerland confirmed the name once more. A new legal package passed by the Swiss Federal Council is going to remove all existing legal barriers for startups.

The Bitcoin Association has announced its certification as a non-profit organization based in Zurich, Switzerland and aims at preaching the gospel of Bitcoin and blockchain technology all around the world.

The long-awaited arrest of Konstantin Ignatov, one of the founders of OneCoin, by the American authorities is being discussed in Ticino, Italian-speaking canton of Switzerland. In the past few months, some investors in Ticino bought this Bulgarian crypto founded in 2014.

Switzerland's Federal Department of Finance wants the Israeli Ministry of Finance to permit Swiss banks and other major financial institutions to trade funds in the modern country in the Middle East. Israel is hoped to reply back to Switzerland within a year.

Swissquote, the Swiss leader in online banking, listed on the SIX Swiss Exchange, has announced the launch of a Bitcoin trading service.

A luxury private villa in Switzerland has sold for cryptocurrency. Despite the loyal attitude to cryptocurrencies from the local government, it is the first private real estate offering for Bitcoin only in Switzerland.

EY Switzerland, one of the four biggest accounting firms in the world, has recently announced to become the first professional services company to accept Bitcoin.

Recently, CoinIdol.com reached out to professionals in Switzerland to find out why Zug, in Switzerland is becoming a popular location for crypto-related businesses. Zug, Switzerland, aka Crypto-valley, can be compared to Silicon Valley, California.