Switzerland has taken a progressive stance towards cryptocurrency, legalizing its use and formalizing crypto transactions in various contexts.
source https://www.google.com/url?rct=j&sa=t&url=https://news.bitcoin.com/crypto-fund-approved-to-manage-cryptocurrency-investments-in-switzerland/&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNHyxAdnA65LaWfG0dVkApXvJquJpg