Crypto-Friendly Statesman Takes Over Swiss Presidency ⠀ ⠀ This article was originally posted on Bitcoin News - delivering news related to the Bitcoin network from multiple locations around the world. For more follow the link below.⠀ ⠀ After serving as finance minister of one of the most economically influential nations over the past three years, Ueli Maurer is now starting his term as President of the Swiss Confederation. Given his track record and liberal views regarding fintech regulation, Maurer’s election is considered a positive development for the Alpine nation’s expanding crypto industry.⠀ ⠀ Also read: Owner of Romanian Exchange Coinflux to Be Extradited to the US⠀ Symbolic Role With Decisive Vote⠀ Ulrich ‘Ueli’ Maurer is one of seven members of the Swiss Federal Council. The body that holds the executive power in the country is headed by a rotating presidency shared among the councillors. The position is largely ceremonial and symbolic, but the president has one important role – his vote can tip the scales when the council is divided on important decisions. On Dec. 5, Maurer was elected by the Swiss parliament for a one-year term in 2019 with the impressive support of 201 out of 209 members.⠀ ⠀ ⠀ ⠀ Ueli Maurer⠀ ⠀ The 68-year-old trained accountant has been credited for his policies as head of the Federal Department of Finance controlling the public budget, Swissinfo reports. Maurer has also demonstrated capability to understand the changes that are taking place in the financial sector and the need to adopt liberal regulations for the industry built around blockchain technologies and cryptocurrencies. Digitalization is among the president’s top priorities as well.⠀ ⠀ Over the past few years, Switzerland has gradually become one of the most crypto-friendly jurisdictions in Europe and on the global stage. Last month, the Swiss government announced a comprehensive strategy recognizing distributed ledger technologies as an important develop ...⠀ https://www.bitfeed.online/crypto-friendly-statesman-takes-over-swiss-presidency/⠀ #technology #bitcoin #cryptocurrencies #neconomy #regulations #economyregulation #startups #digitalassets #switzerland #cryptovalley https://www.instagram.com/p/BsTWaR0gh4K/?utm_source=ig_tumblr_share&igshid=1n36z9kn9ngar