Alp on Nostr: That's a pity. And I thought Switzerland would become the Bitcoin Silicon Valley of ...

That's a pity. And I thought Switzerland would become the Bitcoin Silicon Valley of Europe. They have such a vibrant Bitcoin industry.

quoting nevent1q…d984

A lot of people approached me in the past weeks on a new regulation in Switzerland, which limits no-KYC Bitcoin transactions from 1.000 CHF per day down to 1.000 CHF per month.

Turns out that the regulation is likely illegal:

https://www.therage.co/leaked-email-finma-abused-authority-to-implement-new-kyc-rule-based-on-tabloid-news-2/