Warning calls from the Crypto Valley

As a crypto nation, Switzerland made it international for years from itself talk. Now the wind could turn.

On January 20, 2025 moves Donald Trump For the second time in the White House. At the latest then you will very closely observe the policy of the US President in the Crypto Valley. Because Trump's plans could ensure an earthquake in this country.

In addition to the introduction of massive punitive tariffs or the tightening of the migration policy, Trump also announced that the previously restrictive politics of Bitcoin & Co.

USA want to hold a national Bitcoin reserve

Among other things, he wants to attract mining companies: “Bitcoin Made in the USA.” To this end, the electricity -producing economy is to be massively expanded so that there is always enough energy available.

At the same time, Trump wants to promote stablecoins and bitcoins and create a strategic national Bitcoin reserve.

Companies in Zug spark the ears

TurMPS promises have ensured a real course fireworks in recent months. Among other things exceeded The course last December the magical limit of $ 100,000.

«If the US president holds what he promises, it would be a real gamuchanger. This would not stay on the crypto Valley without consequences, »says a leading manager of a crypto company based in Zug. However, he does not want to read his name publicly, the matter is too delicate.

Dissatisfaction spreads

Cryptocurrencies and Switzerland: This was a success story for a long time. Earlier than many other countries, there were attractive framework conditions around 2013. With over 1000 blockchain companies, Switzerland developed into an international hub with the Canton of Zug at the top. The names of the region: Crypto Valley.

The honeymoon is long gone. In the industry, discomfort spreads. Bitcoin pioneer Niklas Nikolajsen, who came to Switzerland in 2011 and lives in Zug today, no longer considers the Swiss location to be particularly attractive, as he recently in one Interview explained with the “NZZ”.

Advantage playful

«Once a Federal Council even attended the offices of crypto companies. In this politically favorable environment, the Finma financial market supervision even awarded two crypto companies a banking license. That would no longer be conceivable today. When the political pressure fell away, Finma lost its courage, »said Nikolajsen.

A dispute is, among other things, dealing with stable coins. These are crypto-assets, the value of which is bound to a currency such as the dollar, the euro or the franc.

FINMA now requires that all stablecoin transactions are identified and has formulated the specific requirements for stable coin editors and for the banks, the default guarantees. This triggered a storm of indignation in crypto companies.

To be equally good is not enough

Together with the development in the USA, this discomfort could quickly ignite a toxic effect. If the conditions for the crypot industry are relaxed under Trump and tightened in this country, many companies should turn their backs on the local location. «No player is still planning to move away. But if Switzerland does not set an example, a decision is quickly made, »say several crypto -managers in conversation with finews.ch.

Such a sign could be an obligation by the Swiss National Bank to make investments in Bitcoin, as a popular initiative requires. «If Switzerland only offers what everyone else does, then we are away from the window. The Swiss market does not give too little, »a manager sums up.