KeyRock has received Swiss regulatory clearance from a government-approved standards body, according to a Tuesday statement by the company.
The reason why we've, you know, chosen to make those efforts in Switzerland is because the rules are very clear. Um The rules here are not, you know, specifically easy, there are not lacks, there is very clear controls, very clear frameworks, but at least there is clarity. And I think that, you know, for players such as ourselves, that's extremely important, we're very happy to abide by the strictness of the rule. But we also want to know that those rules are not going to change every six months. And that's, you know, we have a very clear guidance as to what we can and cannot, you know, develop in a specific jurisdiction. So this is what explains our focus on Switzerland and also explains why we are currently not active in the US because the clarity is very clearly not there.