Switzerland

Why Switzerland?

Openness. Switzerland has traditionally pursued a policy of openness towards foreign direct investment, seeking free trade and international competition.
Positive attitude towards virtual assets. Although they are not an official means of payment in Switzerland, the country actively supports cryptocurrency innovation. For example, the city of Zug became the first public organization to accept bitcoin as a means of payment in 2016.
Launching a project here is quite fast. Due to the absence of the need to obtain special crypto licenses, launching projects in Switzerland can be faster compared to other jurisdictions.
Legal stability. Swiss legislation is characterized by high predictability and stability. Laws do not change as rapidly as in other countries, which reduces risks for business and allows you to build long-term strategies without fear of sudden regulatory changes.

Instability and low levels of corruption. Switzerland ranks 5th out of 180 in the Corruption Perceptions Index, indicating an extremely low level of corruption.
There is no specific regulation for mining and DAOs. There is no specific regulation for cryptocurrency mining and DAOs in Switzerland. While this may provide flexibility for innovation, the lack of a clear regulatory framework may create uncertainty for some businesses.
English is a non-governmental language. The official languages of Switzerland are German, French, Italian and Romansh. Although English is widely used in the business environment, it has no official status, which may require extra effort to conduct business.

Level of costs for legalization in the jurisdiction - medium