Swiss Town Begins Accepting Bitcoin for Public Services

The small Swiss town of Zug has announced it will accept Bitcoin payments as way to pay dues and public utilities as part of a trial run.

The small town is already known for its fast growing fintech operations, even being called “Crypto Valley” by some, with 15 fintech-oriented companies being located there. Apparently the town council has hopes Zug’s trend as a financial tech hub continues — having embraced the new identity with this legislative move.

Source: Swiss Town Begins Accepting Bitcoin for Public Services

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