{"id":26989,"date":"2020-06-23T18:50:25","date_gmt":"2020-06-23T16:50:25","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=26989"},"modified":"2020-06-23T18:50:25","modified_gmt":"2020-06-23T16:50:25","slug":"kraken-increases-activity-in-switzerland-joining-crypto-valley-association","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/kraken-increases-activity-in-switzerland-joining-crypto-valley-association\/","title":{"rendered":"Kraken Increases Activity in Switzerland Joining Crypto Valley Association"},"content":{"rendered":"
Kraken<\/strong><\/a> is trying to increase its presence in Switzerland’s economic landscape. It announced membership in the Crypto Valley Association<\/strong>.<\/p>\n “Kraken is deepening its engagement in Switzerland.\u00a0<\/em>We’re now a member of @thecryptovalley, the leading Swiss advocate for #Bitcoin <\/em>and #cryptocurrency,”<\/em> tweeted <\/a><\/strong>Kraken Exchange.<\/p>\n Switzerland is one of the leading countries in the world in financial activities focused on security and privacy. Individual responsibility is another field of focus in this country’s legal framework. Kraken believes in these concepts in Switzerland and wants more presence and activity in the region to gain a strong foothold toward scaling. It thinks the similar fundamental principles with that country, have caused it to become the biggest cryptocurrency exchange in Europe.<\/p>\n The proactive and forward-looking regulatory activities in Switzerland are other reasons that make the country a right choice for cryptocurrency actors. For example, the Swiss Financial Market Supervisory Authority (FINMA) grants licenses to banks and all other traditional financial institutions that want to provide services to crypto industry actors.<\/p>\nDeepening Presence in Europe Region<\/strong><\/h2>\n