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Banking & Fintech
Matthew Allen  Expertise: Business, Finance, Economics. Initials: mag

What can Switzerland expect to gain by attracting crypto firms?

Switzerland is making a name for itself as a self-styled "Crypto Nation" by laying out the red carpet for cryprocurrency companies and other blockchain outfits.

The Swiss authorities believe this nascent sector can attract tax revenues, jobs and international kudos as an emerging and potentially revolutionary technology.

But crypto also comes with controversy - a boom and bust industry sprinkled with fraud and business failure.

Do you think Switzerland should be competing with the likes of Dubai to attract this type of business?

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