![Bitcoin Association Becomes Switzerland Non-Profit Association, Expands Global Work to Advance Bitcoin SV [Bsv]](https://globalfintechseries.com/wp-content/uploads/2020/05/Bitcoin-Association-Becomes-Switzerland-Non-profit-Association_-Expands-Global-Work-to-Advance-Bitcoin-SV-bSV.jpg)
Bitcoin Association, the global industry organization that advances Bitcoin SV, announces it has become a non-profit association (Verein) in Switzerland. The Association supports Bitcoin Satoshi Vision (BSV) because it is the only project adhering to Bitcoin creator Satoshi Nakamoto’s original protocol, design and vision for Bitcoin to become a peer-to-peer electronic cash system and global data ledger for enterprise.
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The initial Voting Members of the new Association are: CoinGeek (entrepreneur Calvin Ayre’s multi-faceted Bitcoin mining, media and investment business); nChain (the leading global blockchain technology company where Bitcoin creator Dr. Craig S. Wright is Chief Scientist); TAAL Distributed Information Technologies, Inc., a publicly-traded Canadian company involved in blockchain transaction processing (mining) and infrastructure; and Jimmy Nguyen, global advocate for Bitcoin SV and the Association’s Founding President.
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The Association’s Executive Committee consists of: President Jimmy Nguyen; Vice President Steve Shadders, CTO of nChain; Calvin Ayre, Founder of CoinGeek; Stefan Matthews, Chairman of TAAL; and Jodok Wicki, a partner at the CMS von Erlach Poncet Ltd. law firm in Zurich, Switzerland and counsel to the Association.
Under its previous structure, the Bitcoin Association grew to approximately 1500 members from over 65 countries – including enterprises, start-up ventures, developers, merchants, exchanges, service providers, blockchain transaction processors (miners) and others in the Bitcoin SV ecosystem. The new Association will transition to a new membership structure, with Voting Members, Non-Voting members and Affiliates, in order to better serve the differing interests across its broad range of constituents. Information about participation options for 2020, which will serve as a transitional year, as well as details about future years will be communicated to all members of the previous organization structure.
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