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Despite difficulties in obtaining valuable banking partnerships, the Swiss canton of Zug remains a popular destinations for virtual currency companies. However, significant developments in places like Malta and Liechtenstein could see a migration of these companies away from Switzerland.

With all these recent developments, the Zug Crypto Valley initiative seems well on its way to becoming a reality. Once that happens, Switzerland automatically becomes a major global hub for all things cryptocurrency and blockchain technology. What do you think this development will mean for the burgeoning cryptocurrency and blockchain development hub in Switzerland? Let us know your thoughts in the comments section below.

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