Lugano and Switzerland are quickly becoming a hub for cryptocurrency activities due to their favourable regulations, political stability, and strong financial infrastructure.
One of the main reasons why Lugano and Switzerland are attractive to the cryptocurrency industry is the country’s regulatory environment. The Swiss Financial Market Supervisory Authority (FINMA) has set some guidelines ahead of other countries, this make more easy for businesses to operate in a compliant manner. In addition to its favorable regulations, Switzerland has a long history of political stability and neutrality.
Lugano, in particular, is a city known for its privacy and discretion. It is a place where people can conduct their business in a secure and private environment.
The city has launched its own Plan ₿, a project aimed at spreading technology related to cryptocurrencies which includes training courses, IT support for businesses and the possibility of paying taxes in cryptos. The city has launched its own cryptocurrency LVGA, a stablecoin that supports the local economy.
A Plan ₿ Forum is held every year in Lugano, it is the premier Bitcoin conference bringing together world leaders, technologists, and entrepreneurs to discuss Bitcoin adoption, economics, financial freedom, and freedom of speech.
These factors make Lugano and Switzerland the ideal place to launch and grow a cryptocurrency business.
Don’t miss the next event on 7-11 September 2023, NFT Fest Lugano.