Swiss village accepts bitcoin

- The local government of the Swiss town of Zug accepted from July 1 bitcoin. The 30,000 residents of Zug can use the electronic payment for spending on public services to 200 francs (180 euros).

According to tech site Engadget, it is a test. The council decided at the end of 2016 or the findings are positive enough to make permanent the bitcoin payment.

Zug area are known as the Crypto Valley, because there are many financial and technology companies are located.