Fintech companies are popularly becoming cryptocurrency developers, as they have the infrastructure prepared already and can redesign it to suit a cryptocurrency. For those who are planning on developing a Swiss cryptocurrency and are scouting locations to base the currency, it would be wise to base it in Zug. This canton is famous for its low taxes and its business-friendly regulation.
On top of this, Zug is the world leader in cryptocurrency businesses, so there are assistance and other means of service assistance in place to help start-ups and investors in this business.
With bitcoin being so new, there are very few countries which are currently regulating it and a number of nations who have absolutely zero legislation around it is high. Though, in Switzerland, bitcoin is legally recognised as a currency and is able to be used in most cases to purchase goods and services. We have agents in Switzerland who are able to answer your questions when starting a cryptocurrency in Switzerland.