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> However, might as well put full trust into the person with the freeze key, would likely be a lot cheaper. It's easier to trust someone when everything they d
by satellite2 5y ago
> However, might as well put full trust into the person with the freeze key, would likely be a lot cheaper.
It's easier to trust someone when everything they do is public.
> make ERC20 compliant with some local laws, wow, I'm just speechless.
Switzerland is one of the leading actor in blockchain, with rapidely adapting and welcoming regulations (the first "crypto law" was enacted last year) and a fast growing ecosystem (https://cryptovalley.swiss/ https://cryptovalley.swiss/ https://trustvalley.swiss/ https://trustvalley.swiss/ https://www.cmta.ch/ https://www.cmta.ch/).
It kind of make sense if you think about it, as crypto really is the future of banking, that the first banking country is taking the lead.
So yes a lot of people are working on it and a lot of implentations will come from Switzerland. It's also convenient that the Swiss law is very easy to apprehend, is translated in many languages and is often taken as a reference in international law/contacts as it's a no bullshit law without spectacular outcome in litigation.