Minister of Economy of Switzerland: "We must become a crypto-nation"

At the upcoming G20 summit, Switzerland will announce its interest in crypto-currencies, Minister of Economy Johann Schneider-Ammann, said: "Canton Zug, Crypto Valley, has achieved great success. There we can get the proper experience. We must spread this knowledge throughout the country. Therefore, Switzerland should become a crypto-nation. " Zug is home to a number of blockbuster companies, including the Ethereum Foundation, where they found support from local authorities and now, apparently, the national government. "The country has grown in everything that concerns innovation", - says the Swiss Minister of Economy, adding: "Now we have reached the peak of development in the financial world. Crypto-currencies became part of the fourth industrial revolution. We will monitor what will come of this as a result. For my part, I'm trying to identify risks and opportunities and decide: is this a future business or a complete failure? That's why I support those who do it. " The minister said that it is too early to regulate crypto-currencies, since the country's experience is still too low, and it is not clear in which direction the innovation will move. Switzerland is not part of the EU, the country retains neutrality, sovereignty and independence, which in part makes it attractive to blockchain-companies. Their strong support for krypton seems to be the exact opposite of France's obvious aversion to this topic.