Switzerland renowned as a crypto friendly nation due to its virtual currency hub, "Crypto Valley" in Zug and its status as a tax-free haven for crypto investors, is losing popularity among crypto companies due to its more stringent regulatory framework.
The operator of defunct bitcoin investment platform BitFunder is negotiating a plea deal over criminal charges laid against him by the SEC.
Boris Schlossberg, the managing director of FX Strategy at BK Asset Management and a longtime bitcoin bear, has recently revealed he believes the flagship cryptocurrency's recent surge could see it go past 8000$.
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