Many Swiss Bankers & Financial Regulators Quit to Join …

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A lot of people in Switzerland have left the traditional financial sector to work in the crypto space, in which the banking nation is now developing a niche market. The Swiss banks don’t show enthusiasm officially, but they massively have interests in dealing with Bitcoin, insiders say.

At this year’s G20 finance ministers’ meeting in Buenos Aires, the Swiss Federal Councillor and Finance Minister underlined Switzerland’s position on cryptocurrencies, saying that digital assets offer a great potential for financial services.

The latest Credit Suisse crypto mover is Andrew Peel, efinancialcareers reported, Peel has left Credit Suisse to become head of digital asset markets at Morgan Stanley. He’s not the only one. At least eleven other people at Credit Suisse’s Zurich office have also succumbed to joining the crypto world in the past year, the financial news outlet highlighted, Peel was reportedly the latest to go with that flow.

Switzerland has seen a wave of crypto startup companies rushing into Zurich, Switzerland’s…

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