Switzerland is making strides in the cryptocurrency space with over 600 merchants now accepting crypto payments. This follows Spar Switzerland’s initiative to allow Bitcoin payments through a static Lightning Network QR code, making it the first major grocer in the nation to do so. The process, facilitated by the OpenCryptoPay platform from DFX Swiss, ensures instant payment settlements and receipt confirmations.
### Switzerland Paves the Way for Crypto Adoption
Spar’s decision to include Bitcoin payment options in all its stores is a significant move towards crypto adoption in Switzerland. This action not only positions Spar as a pioneering grocer in the crypto space but also reinforces Switzerland’s status as a leader in real-world cryptocurrency applications. The country’s businesses and consumers have shown a robust interest in Bitcoin, despite the Swiss National Bank’s hesitation to accept it as a store of value.
In recent developments, more than 600 Swiss merchants now accept Bitcoin and stablecoins, demonstrating the growing acceptance of cryptocurrencies for everyday transactions. This trend is part of a wider movement in Switzerland, where there’s ongoing support for Bitcoin, even amidst discussions on its viability as a reserve asset.
### Could Local Crypto Hubs Inspire Nationwide Adoption?
Zurich is emerging as a crypto-friendly city, ranking third in the world, just behind Hong Kong and ahead of Singapore and Abu Dhabi, according to the Multipolitan’s 2025 Crypto Report. This report highlights the city’s supportive regulatory environment, tax incentives, and robust digital infrastructure, which are pivotal for widespread crypto adoption. Hong Kong, in particular, has made significant advancements in licensing trading platforms and integrating blockchain technology into its real estate market, showcasing a commitment to fostering digital asset investment and innovation.
### The Global Shift Towards Crypto-Friendly Policies
Countries worldwide are gradually warming up to cryptocurrencies, with Pakistan being a notable example. The country has shown a proactive approach by engaging with international crypto delegates and forming a National Crypto Council aimed at drafting clear regulations for cryptocurrencies and blockchain applications. This shift towards a more open and secure crypto market is evidenced by Pakistan’s recent partnership with World Liberty Financial (WLFI), aiming to boost blockchain adoption through regulatory sandboxes and tokenization projects.
This move signifies a major step forward for Pakistan’s digital economy and could serve as a model for other countries considering crypto-friendly policies.
Catch up on the latest: Spar Switzerland to let shoppers pay with #Bitcoin in all stores, strengthening the country’s lead in real-world crypto adoption. More than 600 Swiss merchants now accept Bitcoin, signaling growing acceptance. #CryptoAdoption #SwitzerlandCrypto 🇨🇭💡
