Zurich Rejects Initiatives in Switzerland by Refusing Bitcoin Payments
The Swiss capital has taken the stance of refusing to allow bitcoin payments, going against the creativities throughout the country. According to local news outlet, Finanz Und Wirtschaft, there are no plans to implement the digital currency into the city at present. The city council of Zurich believe that bitcoin won’t prevail and have refused bitcoin payments of fees or taxes. This news, of course, goes against a similar idea that was unveiled in the Swiss city of Zug, which has proved popular within the city. In early May, Zug undertook a city council meeting and by the end of it the....
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Zurich’s local government has gone against initiatives elsewhere in Switzerland by refusing to allow Bitcoin payments of taxes or salaries. Zurich Residents ‘Don’t Want To Pay In Bitcoin’. While a similar scheme has proven popular in the city of Zug, an enquiry by two local politicians was met with news that “neither a strategy for Bitcoin use nor....
Source: Twitter user @russian_market. This past weekend, Switzerland received it's first Bitcoin machine, with a Lamassu unit making an appearance at the Markthalle in Zurich. And perhaps while the Lamassu isn't a bitcoin ATM in the traditional sense (in that it only converts fiat to bitcoin and not vice-versa), the potential for introducing newcomers to this emerging digital currency is high.
PRESS RELEASE. October 27th, Lugano Switzerland — The city of Lugano is the largest city in the canton of Ticino, Switzerland. They are also the economic capital of Southern Switzerland, strategically located between the metropolitan areas of Milan and Zurich. Part of Lugano’s appeal as a vibrant financial center is its commitment to the adoption and usage of cryptocurrencies. On the 3rd of March 2022, the City of Lugano and Tether Operations Limited signed a Memorandum of Understanding to collaborate on an initiative called Plan ₿, meant to make Lugano one of Europe’s and the world’s main....
Switzerland's University of Zurich is integrating a student-made bitcoin payments solution into one of its cafeterias as part of a two-week trial. Called CoinBlesk, the mobile payments platform uses two-way near-field communication (NFC) technology and was developed as part of a student project to create an open-source bitcoin spending tool. Students will be able to load their CoinBlesk wallets online or at a new bitcoin ATM that will be installed at the university. Speaking to CoinDesk, Professor Dr Burkhard Stiller, who served as the project's advisor, described how the two offerings....
The Swiss branch of global professional services firm Ernst & Young is set to begin accepting bitcoin payments next year. Starting in January, EY Switzerland will accept bitcoin for invoice payments, the firm said last week. The company will also launch a new bitcoin ATM at its office in Zurich, as well as a dedicated wallet option for EY employees. The launch is, perhaps, an extension of the ongoing cultural experiment involving the digital currency in Switzerland. Late last month, Swiss railway service SBB made international headlines after it announced that it would sell bitcoin through....