Although cryptography is a weak market, companies in Switzerland and Liechtenstein are increasingly involved in cryptographic block chains. This is in line with a report released by Swiss cryptographic investment firm Script Valley Venture Capital CVVC.
According to the report, as of the end of 2018, Switzerland and Liechtenstein have 750 companies involved in the chain of cryptographic blockbusters. Compared with September last year, 121 sales increased 20%. Of these, four unicorn companies worth more than $ 1 billion are included. Most of the cryptographic block-chain companies are located in the Swiss town of Cocles, also known as the Crypt Valley. In this region, there are about 3,300 employees in the companies involved in the chain of cryptographic blockblocks, but the majority are in Chuk and Zurich.
Although the number of companies is increasing, the market value of the top 50 companies operating in the region as the cryptographic block that operates in the region is falling as the price of cipher money declines. It dropped from $ 44 billion to $ 20 billion in the fourth quarter of last year.
Switzerland, Liechtenstein and Malta are active in supporting the cryptographic block chain industry. In Liechtenstein, the prime minister also expressed a new law on block-chain-related projects. The Swiss government has not enacted a special law on cryptographic block chains, but Switzerland ‘s Treasury Secretary, in a lecture in December, expressed his intention to modify the existing legal system to support new technology and financial services. The Swiss government plans to amend six laws this year, including civil and bankruptcy laws. For more information, please click here .