City of Zermatt Switzerland Now Accepts Tax Payments in Bitcoin

City of Zermatt Switzerland Now Accepts Tax Payments in Bitcoin

The Swiss municipality of Zermatt has rolled out a Bitcoin tax payment option in partnership with Bitcoin Suisse. The municipality of Zermatt, Switzerland — home to the iconic Matterhorn — is now the second location in Switzerland where taxpayers are officially allowed to pay their taxes in Bitcoin (BTC).In order to unlock the new tax payment option, the authorities of the Zermatt have partnered with Switzerland’s major crypto financial services company Bitcoin Suisse.Bitcoin Suisse…

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Ether Price Drop Slashed Valuation of Crypto Valley’s Top 50 Firms by 40%

Ether Price Drop Slashed Valuation of Crypto Valley’s Top 50 Firms by 40%

A new report from CV VC notes the effect of Ether prices on the valuation of top cryptocurrency and blockchain firms in Crypto Valley. The combined valuation of the top 50 blockchain-related firms in the Swiss canton of Zug — known as “Crypto Valley” within the industry — fell by nearly half in 2019.Swiss investment firm CV VC debuted a new report at the World Economic Forum in Davos, Switzerland on Jan. 22, giving…

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SEC’s CryptoMom Wants US to Learn From Chinese Digital Innovation

SEC's CryptoMom Wants US to Learn From Chinese Digital Innovation

The U.S. should learn from other countries, especially China, on digital currency, says SEC commissioner Hester Peirce. The United States could learn from China’s innovations in digital currency, says Securities and Exchange commissioner Hester Peirce. Fielding questions via webcam at this week’s Crypto Finance Conference in Switzerland, the public sector leader known as CryptoMom, called for the U.S. to: “Learn from what other countries are doing and take the best of what they’re doing and reject…

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65,000 Swiss Retailers Will Soon Be Able to Accept Bitcoin

65,000 Swiss Retailers Will Soon Be Able to Accept Bitcoin

Swiss crypto broker Bitcoin Suisse is partnering with European payment and transaction services provider Worldline to boost crypto payment acceptance in the country. Swiss crypto broker Bitcoin Suisse is partnering with European payment and transaction services provider Worldline to boost crypto payment acceptance in the country.The firms have signed a letter of intent for a partnership to provide crypto payment services to Swiss merchants and consumers in-store and online, Switzerland Global Enterprise reported on…

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Regulated Swiss Crypto Bank SEBA Opens Doors

Regulated Swiss Crypto Bank SEBA Opens Doors

Regulated Swiss cryptocurrency bank SEBA is now fully operational for professional investors and enterprise clients. Switzerland-based cryptocurrency bank SEBA has launched its services for professional investors and enterprise clients, according to an official news release published on Nov. 12.As reported, SEBA Bank AG (formerly SEBA Crypto AG) is a fully-regulated institution, having secured a banking and securities dealer license from the Swiss Financial Market Supervisory Authority (FINMA) in August of this year.A fully-fledged, regulated…

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