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Switzerland is effectively EU, just like Norway. They have to copy-paste almost every regulation in order to not be excluded from the common market. Yet they have no vote in it.

Direct democracy does not really help privacy, because only a tiny minority cares about it. Switzerland had the Travel Rule before it was EU law: https://notabene.id/world/switzerland

Don't get me wrong, I like mountains!

interesting! i thought it's the opposite and Switzerland has leverage because they are a successful economy. would love to read more on this.

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I'm sure there's nuance here, where they have some advantages and disadvantages in negotiations. But it was quite disappointing to see a country once famous for its bank secrecy throw bitcoin under the bus with the travel rule.

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i think the "issue" is that fundamentally bitcoin is anti-state. if the state sees no way to profit from it, they do not support it or even ban it.

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