That is good to know, so Switzerland wants to keep the crypto money at home as well, it will be great for overall crypto market and more countries will follow this by allowing crypto business however we should also keep in mind that crypto is basically borderless and decentralized and even restrictions do not have significant effect on them.
It is really good to know and I am happy we are at least seeing some development as regards to adoption in some countries with this news even with all the downtrend still persisting. I am sure as time goes on; every other country globally will start using these smart countries with visionary leaders as a case study when they start seeing the boom in their economy.
It is a very good announcement, the days we have all always been looking forward to right from the start of this journey is actually getting close. I am expecting Swiss government to legalize bitcoin following Japan. We are going to have moon-touching rally of bitcoins in coming days.
From what I know, switzerland has already legalized bitcoin, you can pay your taxes even in bitcoin. I only know this from an article I read on cointelegraph, would be great if people from switzerland can verify that...Japan should have been N1, in honor of the great Satoshi Nakamoto. But I am sure they will follow soon. Japan is very positive on Crypto, the government is invested in ADA, that should make a lot of people confident. Not all countries are against crypto, only the ones who are completely blind.
