NiceHash has announced its move from the British Virgin Islands to Zug, Switzerland, to enhance compliance with European regulations.
Relocation to Switzerland
NiceHash plans to complete the relocation process by mid-December, falling under Swiss jurisdiction. This move ensures adherence to EU regulations such as MiCA and the Travel Rule.
About the NiceHash Platform
NiceHash is a global cryptocurrency mining platform offering a two-way marketplace for hashing power. Users can monetize idle computing resources, while renters access tailored mining algorithms.
Future Plans
Relocating to Switzerland strengthens NiceHash's leadership in compliance-driven mining. The company aims to develop its services with a focus on security, transparency, and adherence to global standards.
NiceHash remains at the forefront of the industry by maintaining high compliance standards and striving to make mining accessible and secure.
