Zurich refuses bitcoin payments

posted almost 6 years ago
The Swiss capital has taken the stance of refusing to allow bitcoin payments, going against the creativities throughout the country.

According to local news outlet, Finanz Und Wirtschaft, there are no plans to implement the digital currency into the city at present. The city council of Zurich believe that bitcoin won’t prevail and have refused bitcoin payments of fees or taxes.

This news, of course, goes against a similar idea that was unveiled in the Swiss city of Zug, which has proved popular within the city. In early May, Zug undertook a city council meeting and by the end of it the digital currency, bitcoin, was accepted as a valid form of payment.

Even though bitcoin has been accepted in the city of Zug, the decision to reject bitcoin in Zurich goes against the trend.
Tags: news, bitcoin