Switzerland may be famed for its secretive banking regime, but the country's town of Zug is shouting from the rooftops about its latest plan for citizens—they'll soon be able to pay for public services using Bitcoin.

The cryptocurrency will be accepted in amounts below £142 (200CHF) from July 1 for a range of "standard government services," the Swiss Broadcasting Corporation reported.

The area around Zug—dubbed "Crypto Valley"—has become a financial technology hub of the country. It's home for about 15 companies that work in the blockchain industry. Zug mayor Dolfi Mueller said that the town council was open to exchanging further ideas with the firms.

"I can imagine that in the near future it will be possible to pay your tax bill with Bitcoin," said Mueller.

The startups also appear to be excited about the initiative.

"This is the first time worldwide that Bitcoins have been accepted as a currency on a state level,” Niklas Nikolajsen, co-founder of Bitcoin Suisse, one of the "Crypto Valley" startups, claimed to the Neue Zürcher Zeitung (NZZ) newspaper.

The cryptocurrency payment trial will go on until the end of this year, after which the council will decide whether to continue the practice. The debate could be quite heated, as not all the officials are happy about the idea of introducing Bitcoin at the governmental level.

"It is highly concerning that a state institution should accept Bitcoin, since it is not a secure currency," councillor Gregor Bruhin told the NZZ.

Here in the UK, Hull City Council trialled cryptocurrencies back in 2014 by creating the rather obviously named HullCoin. The "local currency" was made possible by donations, and was apparently used primarily to aid Hull residents in financial distress. This year, however, it was reported that it had also been used in a fraudulent investment scheme by scammers in China.