Former Swiss President Sees the Country Leading in DLT and Technology of the Future
Johann Schneider-Ammann, who served as the President of Switzerland in 2016, recently joined the board of Crypto Valley Venture Capital, or CV VC. CV VC is a startup that invests in crypto firms near Zug, Switzerland, the “crypto valley” of the namesake firm.
Corresponding with Cointelegraph, Schneider-Ammann credited CV VC with creating “its own ecosystem,” but saw blockchain as a major factor in Switzerland’s future: “I am fascinated by the potential of this new technology and I am convinced that this gives us in Switzerland a unique opportunity to become a leader in the technology of the future.” Shneider-Ammann noted a major increase in crypto activity since his term as president: Such heavy hitters as Facebook have picked Switzerland as the place to launch crypto projects — in their case, Libra, much to the chagrin of U.S. regulators.
