Facebook has quietly registered its fintech company dubbed Libra Networks in Switzerland. The new arm is focused on blockchain, payments, data analytics, big data, and other techs.
Switzerland’s blockchain and fintech experts will work in developing the regulations for Isreali officials and present it to the Israeli government by the end of this year.
The first blockchain-powered trial municipal vote will be conducted with the help of the city’s eID system. Voters will decide on Zug’s minor issues as well as the future of eID system.
On Wednesday, Swiss finance minister, Ueli Maurer, unveiled the government’s project to drive innovation in the country by easing regulation for fintech startups.
It’s time to invest in Switzerland as the country becomes the worldwide hub for FinTech and Bitcoin companies.
A team of eight investors are going to open a new bank in Switzerland that will offer services only with the use of the virtual currency.