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Coronavirus Pandemic Takes A Massive Toll on Swiss "Crypto Valley"
Summary: The President of the Swiss Crypto Valley Association (CVA) said that COVID-19 has had a massive effect on the local cryptocurrency ecosystem. According to a recent report, almost 80% of crypto valley firms said they will most likely go bankrupt over the next six months. On the accuracy of the report, CVA’s Daniel Haudenschild said, ...
The President of the Swiss Crypto Valley Association (CVA) said that COVID-19 has had a massive effect on the local cryptocurrency ecosystem.
According to a recent report, almost 80% of crypto valley firms said they will most likely go bankrupt over the next six months.
On the accuracy of the report, CVA’s Daniel Haudenschild said, “The information has been built from a smaller sample size however it certainly seems to mirror the sentiment that we feel in the market.”
By Roland James
Tags: Coronavirus,COVID-19,Daniel Haudenschild,Swiss Crypto Valley Association
Link: Coronavirus Pandemic Takes A Massive Toll on Swiss "Crypto Valley" [Copy]
