Pre-Announcement
Byteball is in the process of establishing a legal entity in Switzerland/Lichtenstein. This is aimed at bringing marketing and business development to a new level. Consequently, to grow strategically we need a budget enabling us to make short term and medium term plans. We need to hedge against volatility and work in fiat. Byteball is following the best practices in the crypto market.
In very doubt of this. To become legal financilal entitity the relevant financial regulations and rules should be amended accordingly, subject to prior review by both National Council and Federal Assembly of Switzerland.