Switzerland To View Crypto And Traditional assets In Same Regulation

Switzerland To View Crypto And Traditional assets In Same Regulation

Giovanni Merlini, a member of the lower house of the Federal Assembly has pushed a motion in favor of putting cryptocurrency on equal footing as traditional assets. Merlini argued: “Cryptocurrencies could be issued to anyone with a decentralized, cryptographic-based peer-to-peer data network. A large part of the cryptocurrencies is completely anonymous, which favored extortion and money laundering.”

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