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Switzerland’s “Crypto Valley” is centered on Zug, a tiny, semi-infamous tax haven hamlet known for harboring embargo-breaking oil trader Marc Rich in the 1980s, tax shells in the 1990s and tech companies in the age of bitcoin. Zug and its Silicon Valley-esque moniker are 30 minutes’ drive south of Zurich. But if a new partnership between Zug’s crypto lobbyists and
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This article has been originally posted on Coin Desk’s website via the link here. We are sharing it entirely below. We do not claim to own intellectual property to this content. do not claim to own intellectual property to this content. 300cubits, an early innovator in using blockchain for international container shipping, has pulled the plug on its TEU token, citing lack
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Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks, including the U.S. Federal Reserve, to start issuing digital currency. Speaking at a community banking conference in St. Louis, Harker argued that the U.S. should not be the first big country to issue a national coin, because technology is still maturing and the U.S. dollar
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