VSWISS was incorporated in the Canton of Zug in Switzerland to benefit from one of the world’s leading registration and regulation advantages and the unique blockchain and crypto ecosystem that is now fruitfully growing in the region. As such VSWISS has the competitive advantage to be able to operate locally and globally under clear and sound regulation. By becoming one of the first companies with a FinTech Licence according to the Swiss Banking Act in the so called Crypto Valley Zug in Switzerland, VSWISS will on the one hand benefit from the unique environment of the ecosystem and on the other hand be able to support the thousands of already established crypto and blockchain related companies with the clear prospect of thousands more to come in the very short future.
In addition, the company will provide its customers with access to multiple FinTech products and fast and safe settlement and funds transfer technologies based on the blockchain platform. VSWISS will provide services and solutions for Trading, Dealing, Funding, Currency Exchange, Corporate and Private services and Cards Operations. In general, VSWISS will provide solid infrastructure and full range of services allowing multiple crypto or blockchain based businesses to develop in similar or even better financial environment and even benefit by mixing or augmenting crypto and fiat models. Based on the blockchain technology the company plans to provide B2B services for traditional banks, financial services and institutions allowing technological advantages and mutual benefits.
Crypto operations such as different types of holdings (wallets) or vaults for crypto assets present a new set of legal, auditing and accounting challenges like taxation, evaluation and different kind of fees, etc. VSWISS will provide a complete range of crypto related services for businesses to open the horizon for the development of this new economy.
VSWISS plans to provide its customers with comfortable and easy to use tools for obtaining, storing, trading and exploiting digital assets, including private FinTech services, crypto currency debit cards, ATMs and POS terminals, currency exchange and vault services.
Our initial goal is to build a sandbox innovative FinTech service and apply for regulation from Swiss Financial Regulator FINMA for operation under newly determined category in the Swiss Banking Act, the FinTech License. To crypto businesses, we will offer a financial infrastructure foundation on which they can grow and develop. For individuals, VSWISS will connect the familiar world of online banking with the possibilities of buying and owning crypto currencies. To date, VSWISS is not supervised by FINMA and deposits are not covered by the deposit insurance scheme.