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Swiss State Secretariat Helps Blockchain Incubator Firm Set Up Base in South Africa – Crowdfunding Bitcoin News

Swiss State Secretariat Helps Blockchain Incubator Firm Set Up Base in South Africa Switzerland’s State Secretariat for Economic Affairs (SECO) is reportedly helping Crypto Valley Venture Capital (CVVC), a blockchain business incubator, set up an office in South Africa. According to SECO, this move fits with Switzerland’s policy of supporting private firms that seek to help African blockchain start-ups. Funding for Successful Applicants According to a Swissinfo report, CVVC will fund the best blockchain start-ups “in South Africa, Nigeria, Kenya, Rwanda, Congo and other countries.” The report adds that the initial five successful applicants will each receive $125,000 (CHF114,000) from the incubator while SECO will also chip in with a contribution of over $270,000 in the first year of the project.

UPDATE 1-Switzerland says U S stance on vaccine patent waiver leaves questions

5/6/2021 (Adds detail, background.) ZURICH, May 6 (Reuters) - The Swiss government said on Thursday a U.S. announcement that it would support waiving intellectual property rights for COVID-19 vaccines was significant but left many questions unanswered. President Joe Biden on Wednesday threw his support behind waiving intellectual property rights for COVID-19 vaccines and his top trade negotiator, Katherine Tai, backed negotiations at the World Trade Organization. Switzerland s State Secretariat for Economic Affairs (SECO) said in an emailed statement: This is an important announcement by the U.S., but many questions remain unanswered about the specific solutions it is considering in this context.

UPDATE 1-Switzerland says U S stance on vaccine patent waiver leaves questions

UPDATE 1-Switzerland says U.S. stance on vaccine patent waiver leaves questions Reuters 2 days ago ZURICH, May 6 (Reuters) - The Swiss government said on Thursday a U.S. announcement that it would support waiving intellectual property rights for COVID-19 vaccines was significant but left many questions unanswered. President Joe Biden on Wednesday threw his support behind waiving intellectual property rights for COVID-19 vaccines and his top trade negotiator, Katherine Tai, backed negotiations at the World Trade Organization. Switzerland s State Secretariat for Economic Affairs (SECO) said in an emailed statement: This is an important announcement by the U.S., but many questions remain unanswered about the specific solutions it is considering in this context.

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