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Author: Admin | 2025-04-28
A city in Switzerland that was founded on the idea that companies, large and small, could move their headquarters to a place that is friendly to crypto startups. The city raised hundreds of millions of dollars to get the ball rolling, and indeed many startups did move there. However, in April of 2020, Swiss Blockchain Federation found that 80% of the 203 firms surveyed said bankruptcy was imminent and that only half of the 50 biggest companies in Crypto Valley would last another year. In response to this, Crypto Valley management is turning to the Federal Government and asking for a 100 million Swiss Franc bailout to keep the project going. So much for decentralization! Can you buy a house with Bitcoin in Switzerland? Yes, you can currently buy homes and other property types with Bitcoin via Bithome.ch. Which banks in Switzerland are bitcoin friendly? Zurich-based SEBA Bank AG offers a suite of services for crypto enthusiasts, such as crypto custody and crypto-connected debit cards. Falcon Group also offers these services as well as Bitcoin savings and brokerage services. Article Sources BuyBitcoinWorldWide writers are subject-matter experts and base their articles on firsthand information, like interviews with experts, white papers or original studies and experience. We also use trusted research and studies from other well-known sources. You can learn more about our editorial guidelines. Startup.ch - Bitcoin Suisse AG, https://www.startup.ch/Bitcoin Swissinfo.ch - Swiss banks remain wary of bitcoin, https://www.swissinfo.ch/eng/business/swiss-banks-remain-wary-of-bitcoin/48295598 Bitcoin Magazine - You Can Now Live In This Swiss City Solely On Bitcoin, https://bitcoinmagazine.com/culture/live-in-swiss-city-solely-on-bitcoin
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