Switzerland and the Global Regulatory Competition for ICOs

The CryptoSummit 2018 organized by Blockchain startup Smart Valor gathered more than 1,000 attendees from 47 countries in Zurich. One of the recurring themes of the conference presentations was the regulation of Initial Coin Offerings (ICOs).

Many participants pointed out that there is now an open competition between countries to attract ICOs. They debated, among other issues, whether the Swiss regulatory environment will continue to support the current leadership of Switzerland as a preferred location for ICOs in Europe.