Switzerland “Crypto Valley” is centered on the Zug, which is a semi and tiny infamous tax haven hamlet known for the harboring embargo breaking oil trade March Rich in the year 1980s, tax shells in the 1990s, and technology companies in the age of Bitcoin.
Zug and it’s Silicon Valey esque moniker are 30minutes douth of the Zurich. But if a new partnership and deal between the Zug Crypto lobbyist and Zurich tourism czars plan out, then the Crypto Valley could soon eve expand northwards.
Zurich is full of the financial traditionalists, the city headquartered a third of the Switzerland banks. Alongside well-established health and legal services, it even hosts with a wide population of the technology-minded individuals, which includes the 150 blockchain-related companies.
The growth is because of the Crypto Valley Association, which has been fostering the growth of the Swiss crypto space. The organization, which is an association of the financial technology individuals and ventures, has lobbied Swiss regulators for years, which put forward 14 different draft laws.
CVA Executive Director Alexander Schell said in a report:
“We’re not just waiting for things to happen. We’re actively involved in proposing regulation.”
CVA has also partnered with the Zurich Tourism, the region marketing wing, to bring the blockchain awareness, business, and tourism to the Zurich. The pair even signed a momentum of the understanding to grow the Swiss Blockchain ecosystem.
“We’re trying to establish an ecosystem of law firms, banks, startups, and other players who might be interested in this space,” Schell said. “We can make the best circumstances for them and the best prerequisites for businesses to be successful.”
Zurich Tourism will also now going to focus more on bringing within cyber newcomers with internationally-minded events and conferences.
With the hosting events and conferences for the international audience and even reaching out to an existing business in the technology-minded city, Vanessa Reis, Relationship Manager of the Zurich Tourism, revealed that the partnership will find success for sure.
“From our side, we can support CVA in sponsorship, in event planning, searching and attracting international guests, because this is where we have the network.”