The Swiss Bankers Association is currently working on a set of standards for ICOs to open bank accounts.
Neuchâtel Cantonal Bank, Neue Helvetische Bank, and Hypothekarbank Lenzburg have recently proved ready to accept crypto-related businesses as account holders.
Last year, Switzerland attracted $1.46 billion by various ICOs, and a recent report claims this year the sums attracted by the Swiss ICOs may well double. This, however, implies a serious warning: if crypto-related companies don't gain access to traditional banking services soon, the 200 businesses of the Swiss Crypto Valley of canton Zug can prefer Singapore, Malta, or Gibraltar for better crypto conditions.
image source :https://pixabay.com/
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