Tag Archives: switzerland

The Swiss Financial Market Supervisory Authority – FINMA – would reportedly require local digital asset providers to take additional steps in preventing criminals from employing cryptocurrencies. The watchdog would also turn its sight towards bitcoin ATMs as it believes that drug dealers often use these machines. FINMA Targets Criminals Operating with Crypto According to a Finews report, Switzerland’s financial regulator – the Swiss Financial Market Supervisory Authority or...

Switzerland’s stock exchange, SIX, said today it had obtained two licenses from the nation’s markets regulator to launch a stock exchange and depository for blockchain-based securities. Based in Zurich, Switzerland, the SIX Swiss Exchange is the country’s principal stock exchange that also trades particular securities like government bonds and derivatives such as stock options. According to a CNBC report, the organization has received two licenses from the nation’s regulator...

Antigua sede del Banco de Comercio en Bilbao, hoy BBVA. Bilbao, País Vasco, España. Foto CC0 Public Domain via Wikipedia New Gen, BBVA in Switzerland’s new online investment account, allows customers to invest quickly and easily in different currencies and access a catalogue of the most innovative investment trends on the market. Everything can be done online, from the account opening to the first investment, without going to the Zurich...

The Chedi Andermatt will reportedly become the first Swiss hotel to accept digital assets as a payment method. Guests can now pay accommodation bills surpassing 200 CHF ($218) using bitcoin or ether. The Venezuelan carrier Turpial Airlines and the famous Belgian bar Dolle Mol also joined the crypto craze by adding virtual assets as a means of payment. Crypto Adoption in The Heart of The Alps According to the local media Blick, The Chedi Andermatt started accepting payments in...

The Switzerland-based financial institutions – Crypto Finance Group, InCore Bank, and Inacta – have selected Tezos to create on-chain digital products through a new token standard for asset tokenization. InCore Bank would also enable additional digital services with XTZ – the native cryptocurrency of the blockchain network. Tezos to Power The New Token Standard According to a press release shared with CryptoPotato, three Swiss fintech organizations will use the blockchain...

Swisscom is joining Chainlink, the world’s largest oracle network, as part of a pilot initiative. The Chainlink network provides important data for what are known as decentralised financial applications (DeFi), through which transactions worth several billion US dollars are now processed daily, such as on Aave and Uniswap. The rapid growth of this market is giving rise to new types of value chains and business models that could also gain relevance for the Swiss financial...

The Switzerland-based financial institution – Leonteq AG – announced it partnered with ICF BANK AG to introduce digital asset offerings to institutional investors as well as private clients in Germany and Austria. The initiative would grant investors exposure to 18 cryptocurrencies, including the leading ones, Bitcoin (BTC) and Ethereum (ETH). Leonteq Stretches out of Switzerland Leonteq AG – a Swiss firm specializing in structured financial products – announced it would...

Digital Republic goes Bitcoin Der Hype um Kryptowährungen ist real. Dennoch fehlen im Alltag häufig die Möglichkeiten effektiv mit Bitcoin & Co. zu zahlen. Eine für den Laien verständliche Definition fällt schwer – das Phänomen Krypto ist und bleibt abstrakt. Das möchte Digital Republic ändern und freut sich der erste Schweizer Mobilfunkprovider zu sein, der Kryptowährungen als offizielles Zahlungsmittel akzeptiert und somit...

Ralph Hamers, the CEO of the Swiss multinational investment bank UBS Group AG, has no FOMO towards the cryptocurrency industry. He feels his organization is not missing out on any potential gains from this “untested” market. No Crypto Fomo: UBS CEO Speaking to Bloomberg TV, Hamers outlined the success of the financial institution that he runs in the past year. While commenting on the bank’s earnings and the expansion to other nations, he received a question in regards to what...

Nachbildung von Guernica in Form von Kacheln als Wandbild in Originalgröße in der Stadt Gernika. Foto: CC 3.0 by Papamanila, Wikipedia Sygnum, eine Bank für digitale Vermögenswerte, und Artemundi, ein Pionier im Bereich Kunstinvestitionen, gehen eine Partnerschaft ein, um Picasso’s Gemälde „Fillette au béret“ zu tokenisieren. Dies ist das erste Mal, dass die Eigentumsrechte an einem Picasso oder einem anderen Kunstwerk von einer...