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LQWD Technologies Corp. Establishes Switzerland Office to Accelerate European Growth

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LQWD Technologies Corp. (TSXV: LQWD) (OTCQB: LQWDF), a Bitcoin Lightning Network infrastructure provider, has announced the opening of a new office in Lugano, Switzerland. The strategic expansion aims to develop partnerships within the Bitcoin Lightning Network ecosystem and enhance European market presence.

The office is located in the Proof of Work Space (PoW Space), a co-working environment focused on Bitcoin and peer-to-peer innovation in central Lugano. The choice of location is significant as Lugano announced in March 2022 its acceptance of Bitcoin as de facto legal tender for various payments, including taxes and municipal services.

This expansion aligns with Switzerland's broader cryptocurrency initiatives, including a recent proposal to amend the Swiss Federal Constitution requiring the Swiss National Bank to hold Bitcoin as reserves.

LQWD Technologies Corp. (TSXV: LQWD) (OTCQB: LQWDF), fornitore di infrastrutture per la rete Lightning di Bitcoin, ha annunciato l’apertura di un nuovo ufficio a Lugano, Svizzera. Questa espansione strategica mira a sviluppare partnership all'interno dell'ecosistema della rete Lightning di Bitcoin e a rafforzare la presenza nel mercato europeo.

L'ufficio è situato nel Proof of Work Space (PoW Space), un ambiente di co-working incentrato su Bitcoin e innovazione peer-to-peer nel centro di Lugano. La scelta della posizione è significativa poiché Lugano ha annunciato a marzo 2022 l'accettazione di Bitcoin come valuta legale de facto per vari pagamenti, incluse le tasse e i servizi municipali.

Questa espansione si allinea con le più ampie iniziative svizzere sulle criptovalute, incluso un recente proposta di emendamento alla Costituzione federale svizzera che richiede alla Banca nazionale svizzera di detenere Bitcoin come riserva.

LQWD Technologies Corp. (TSXV: LQWD) (OTCQB: LQWDF), proveedor de infraestructura para la red Lightning de Bitcoin, ha anunciado la apertura de una nueva oficina en Lugano, Suiza. Esta expansión estratégica tiene como objetivo desarrollar asociaciones dentro del ecosistema de la red Lightning de Bitcoin y mejorar la presencia en el mercado europeo.

La oficina se encuentra en el Proof of Work Space (PoW Space), un entorno de co-working enfocado en la innovación de Bitcoin y de igual a igual en el centro de Lugano. La elección de la ubicación es significativa, ya que Lugano anunció en marzo de 2022 su aceptación de Bitcoin como moneda de curso legal de facto para varios pagos, incluidos impuestos y servicios municipales.

Esta expansión se alinea con las iniciativas más amplias de Suiza en criptomonedas, incluida una reciente propuesta de enmienda a la Constitución Federal Suiza que requiere que el Banco Nacional Suizo mantenga Bitcoin como reservas.

LQWD Technologies Corp. (TSXV: LQWD) (OTCQB: LQWDF)는 비트코인 라이트닝 네트워크 인프라 공급업체로, 스위스 루가노에 새로운 사무소를 개설한다고 발표했습니다. 이 전략적 확장은 비트코인 라이트닝 네트워크 생태계 내에서의 파트너십 개발과 유럽 시장 내 존재감을 강화하는 것을 목표로 하고 있습니다.

이 사무소는 루가노 중심부에 있는 비트코인 및 P2P 혁신에 중점을 둔 공동 작업 공간인 Proof of Work Space (PoW Space)에 위치해 있습니다. 위치의 선택은 루가노가 2022년 3월 다양한 지불, 세금 및 시 정부 서비스 포함하여 비트코인을 사실상의 법정 통화로 인정했다고 발표한 점에서 중요합니다.

이번 확장은 스위스의 더 넓은 암호화폐 이니셔티브와 일치하며, 최근 스위스 연방 헌법 개정 제안은 스위스 중앙은행이 비트코인을 준비금으로 보유해야 한다고 요구하고 있습니다.

LQWD Technologies Corp. (TSXV: LQWD) (OTCQB: LQWDF), fournisseur d'infrastructure pour le réseau Lightning de Bitcoin, a annoncé l'ouverture d'un nouveau bureau à Lugano, Suisse. Cette expansion stratégique vise à développer des partenariats au sein de l'écosystème du réseau Lightning de Bitcoin et à renforcer la présence sur le marché européen.

Le bureau est situé dans le Proof of Work Space (PoW Space), un espace de coworking axé sur Bitcoin et l'innovation peer-to-peer au centre de Lugano. Le choix de la localisation est significatif, puisque Lugano a annoncé en mars 2022 son acceptation du Bitcoin comme monnaie légale de facto pour différents paiements, y compris les impôts et les services municipaux.

Cette expansion s'inscrit dans le cadre des initiatives plus larges de la Suisse en matière de cryptomonnaies, y compris une récente proposition de modification de la Constitution fédérale suisse exigeant que la Banque nationale suisse détienne du Bitcoin comme réserves.

LQWD Technologies Corp. (TSXV: LQWD) (OTCQB: LQWDF), Anbieter von Infrastruktur für das Bitcoin Lightning Network, hat die Eröffnung eines neuen Büros in Lugano, Schweiz angekündigt. Die strategische Expansion zielt darauf ab, Partnerschaften innerhalb des Ökosystems des Bitcoin Lightning Network zu entwickeln und die Marktpräsenz in Europa zu stärken.

Das Büro befindet sich im Proof of Work Space (PoW Space), einer Co-Working-Umgebung, die sich auf Bitcoin und Peer-to-Peer-Innovation im Zentrum von Lugano konzentriert. Die Wahl des Standorts ist bedeutsam, da Lugano im März 2022 die Akzeptanz von Bitcoin als de facto gesetzliches Zahlungsmittel für verschiedene Zahlungen, einschließlich Steuern und kommunalen Dienstleistungen, angekündigt hat.

Diese Expansion steht im Einklang mit den umfassenderen Kryptowährungsinitiativen der Schweiz, einschließlich eines kürzlich vorgeschlagenen Änderungsantrags zur Schweizer Bundesverfassung, der von der Schweizerischen Nationalbank verlangt, Bitcoin als Reserve zu halten.

Positive
  • Strategic expansion into a major European Bitcoin hub
  • Location in Lugano, where Bitcoin is accepted as de facto legal tender
  • Presence in a country with progressive cryptocurrency regulations
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - January 7, 2025) - Bitcoin-backed LQWD Technologies Corp. (TSXV: LQWD) (OTCQB: LQWDF) ("LQWD" or the "Company"), a leader in enterprise-grade Bitcoin Lightning Network infrastructure, announces the establishment of a new office in Lugano, Switzerland. This strategic expansion aims to foster partnerships within the Bitcoin Lightning Network ecosystem, advance corporate development initiatives, and enhance investor awareness across the European market.

Lugano has emerged as a significant hub for Bitcoin adoption and innovation. In March 2022, the city announced its plan to accept Bitcoin as de facto legal tender, facilitating the use of Bitcoin for various payments, including taxes and municipal services. This progressive stance has attracted numerous Bitcoin and fintech companies, fostering a vibrant ecosystem for digital finance.

The new office is situated within the Proof of Work Space ("PoW Space"), a premier co-working environment dedicated to Bitcoin and peer-to-peer innovation. Located in the heart of Lugano, PoW Space offers state-of-the-art facilities designed to inspire collaboration and elevate projects to new heights.

Switzerland continues to demonstrate its commitment to integrating Bitcoin into its financial framework. A recent proposal has been initiated to amend the Swiss Federal Constitution, requiring the Swiss National Bank to hold Bitcoin as part of its reserves. This initiative underscores the nation's progressive approach to cryptocurrency adoption and positions Switzerland as a potential pioneer in state-level Bitcoin integration.

About LQWD Technologies Corp.

LQWD is a Canadian-based, publicly traded company committed to expanding its Bitcoin Lightning Network transaction infrastructure and liquidity-on-demand services. Our infrastructure enables instant, low-cost, global internet-powered payments at scale. LQWD provides scalable solutions for the open payments market, delivering enterprise-grade infrastructure to support the rapid growth of the Lightning Network. LQWD is debt free, holding ~141 Bitcoin and focused on expanding its holdings through an ongoing Bitcoin accumulation strategy.

For more details, please refer to LQWD's corporate presentation and stay updated on our Lightning Network node growth or connect to the Company's nodes in real time.

For further information:

Ashley Garnot, Director
Phone: 1.604.669.0912
Email: ashley@lqwdtech.com
Website: www.lqwdtech.com
X: @LQWDTech

Forward-Looking Statements

This release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company's business plans and the outlook of the Company's industry. Although the Company believes, considering the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/236264

FAQ

What is the purpose of LQWD Technologies' (LQWDF) new Swiss office?

LQWD Technologies' new Lugano office aims to foster partnerships within the Bitcoin Lightning Network ecosystem, advance corporate development initiatives, and enhance investor awareness across the European market.

Where is LQWD Technologies' (LQWDF) new Swiss office located?

The new office is located within the Proof of Work Space (PoW Space), a co-working environment in central Lugano, Switzerland, dedicated to Bitcoin and peer-to-peer innovation.

Why did LQWD Technologies (LQWDF) choose Lugano for its European expansion?

Lugano was chosen because it's a significant Bitcoin adoption hub that accepted Bitcoin as de facto legal tender in March 2022, allowing its use for taxes and municipal services.

How does LQWDF's Swiss expansion align with Switzerland's cryptocurrency initiatives?

The expansion aligns with Switzerland's progressive cryptocurrency stance, including a recent proposal to require the Swiss National Bank to hold Bitcoin as part of its reserves.

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