Polybius collaboration with Ernst & Young
The team of Polybius Foundation visited Zurich and Zug, Switzerland, and we are very happy to bring the news of our prospective, one of the "Big Four" accounting firms, who agreed to be our auditors and advisers. Apart from this, we also had meetings with Crypto Valley Association and Ministry of Economic Development of Zug. It is an interesting point to mention that there are more representatives of Zug in the federal government than of other regions.
So, good news is that the financial regulator in Switzerland is willing to help new projects and collaborate in order to create regulations for all parties to benefit. Switzerland takes great interest in innovative fintech projects and blockchain solutions and is eager to support them; several fintech blockchain-based projects have already acquired their licenses. Moreover, the taxes are low, decision-makers are easy to get in touch with. Thus, relocation of Polybius to Switzerland will allow us to save a considerable amount of funds while acquiring licenses.
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