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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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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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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Bitcoin Mining Startup Envion Ordered to Close by Swiss Court

A court in Switzerland has ordered the closure of bitcoin mining startup Envion AG over concerns of poor corporate governance. The company raised $100 million in an initial coin offering (ICO) in January, but a succession of boardroom wrangles have led to a breakdown in its corporate structure, bringing operations to a halt. Also read: Canadian […]

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