Crypto 27/06/21 19:20 by Bernice Nyambura

Blockchain Technology Not Ideal For CBDCs, SWISS Central Bank Economist Argues

Central bank digital currencies (CBDCs) have little structural benefits to draw from decentralized features of blockchain technology, according to the chief economist at Swiss National Bank Carlos Le...
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Crypto 10/05/21 22:51 by Taylor Scott

Report: Swiss Bank UBS Group Planning To Offer Crypto To Top Customers

Swiss-based bank and financial services provider UBS Group AG looks to be the next to enter the fold. Reports released to start the week state that the banking behemoth is considering several differen...
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Bitcoin 15/04/21 16:58 by Tokoni Uti

Insurance Giant AXA Introduces Bitcoin Payment Option For Swiss Customers

The increased popularity of cryptocurrency has meant that more firms are open to accepting it as a form of payment. Thanks to PayPal’s decision to enable crypto transactions for its users, millions...
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Bitcoin 12/11/20 02:00 by Tony Spilotro

Pro-Crypto Group Attempts To Get Bitcoin Added As A Swiss Reserve Currency

Bitcoin is a lot of different things to different people. It is a store of wealth, a transfer of value, an insurance policy against the unknown, and even a source of hope. Soon, one pro-crypto group h...
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Crypto 31/10/20 18:22 by Brenda Ngari

Russian Bank Gazprombank Receives Authorization To Launch Institutional Cryptocurrency Services In Switzerland

Gazprombank, a Swiss-based bank that is a subsidiary of Russia’s largest government-owned energy behemoth, Gazprom, has received the green light to provide cryptocurrency services to institutional ...
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Altcoins 04/09/20 16:45 by Bernice Nyambura

Zug Becomes First Swiss Canton to Accept Bitcoin and Ether for Tax Payments

The Swiss Canton of Zug, which has the highest concentration of hedge funds, cryptocurrency firms, and commodity traders, announced that it will now start accepting Bitcoin and Ethereum for tax payme...
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Crypto 23/06/20 03:00 by Cole Petersen

Kraken Strengthens Swiss Ties, Aims at Supporting Struggling Crypto Ecosystem

Cryptocurrency exchange Kraken recently announced that they will be acting to strengthen their ties to Switzerland, describing the country as a “kindred spirit” due to its positive approach to reg...
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Crypto 11/12/19 12:10 by Jamie Redman

Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun

On December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has exten...
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Crypto 01/12/19 18:31 by Kevin Helms

Swiss Licensed Crypto Bank Expanding Into 9 Markets

A fully operational crypto-focused bank based in Switzerland is expanding into nine other markets. With a banking and securities dealer license from the Swiss Financial Market Supervisory Authority, i...
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Bitcoin 29/11/19 03:01 by Thomas Delahunty

Swiss Media Publishes Full-Page Spread Singing Bitcoin’s Praises

Swiss media outlet Handelszeitung has published a full-page spread singing the praises of cryptocurrencies and underlying Distributed Ledger Technology (DLT). Accompanied by a step-by-step guide to he...
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