#Swiss authorities tread wary path through ‘#CryptoValley’ #Bitcoin

Swiss authorities tread wary path through 'Crypto Valley'

Officials seek balance between encouraging new technologies and risking reputation

"My big worry is that the whole intransparency will lower Zug's standing worldwide," says Andreas Hürlimann, a local Green party councillor. "You don't know from where to where the money is flowing, whether it is drug money for instance." 

 One Swiss finance specialist says: "I'm just waiting for Washington to call Bern and ask 'what are you doing down there in Zug?'."

https://www.ft.com/content/bea458ba-25fc-11e8-b27e-cc62a39d57a0