In comparison to China and the US, Switzerland appears to be living up to tradition and is by far the most crypto-tolerant nation when it comes to government regulation.

Here are some excerpts:

(Government) approaches have run the gamut, from a massive crackdown in China to an exchange-licensing regime in Japan and a largely hands-off system in Switzerland.

French authorities are clamping down on the industry, while Switzerland’s economy minister wants to create a “crypto nation.”