Bitcoin.com
2020-04-28 11:55:14

Switzerland’s Famed “Crypto Valley” Seeks $103 Million Government Bailout

Switzerland’s “crypto valley” is asking the government for 100 million Swiss francs ($102.7 million) in funding, local media reported. The once flourishing Swiss cryptocurrency industry is struggling to survive following the withdrawal of private equity investors. About 80% of 203 firms surveyed by the Swiss Blockchain Federation recently warned of imminent bankruptcy. Only half of […]The post Switzerland’s Famed “Crypto Valley” Seeks $103 Million Government Bailout appeared first on Bitcoin News.

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