“The neutral European nation is becoming a ‘mecca’ for financial cryptography, says Chris Odom, the Chief Technology Officer at Monetas, who announced that he had finally moved his family from Austin, Texas, to Zug, Switzerland to be with the rest of the company’s team and help build the German-speaking region’s ‘Crypto Valley’. Why the growth in Switzerland? Odom attributes it to the country’s ‘legendary neutrality,’ as well as its respect for privacy and security — two big buzzwords for cryptographers — and the fact that it is already a tech hub. It also likely helps that Swiss regulators have so far taken a relatively accommodative, hands-off approach toward bitcoin.”
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