Tag Archives: switzerland

The Swiss National Bank (SNB), together with five other banking giants, have reportedly tested whether they can process central bank digital currencies within the nation’s financial network. The institutions revealed they were able to integrate CBDCs into their existing core banking systems. The Latest CBDC Trial in Switzerland A January 13 coverage by Bloomberg disclosed that Switzerland’s central bank and five commercial banks successfully employed CBDCs to settle...

According to Guido Buehler – Chief Executive Officer of the Swiss-based SEBA Bank – bitcoin will reach a new all-time high in 2022. The exec believes institutional investments will be the main factor for such a price surge. Additionally, the digital bank raised $120 million in a Series C funding round co-led by DeFi Technologies and Alameda Research. The organization vowed to use the funds to expand into new markets globally and increase the product offerings. BTC to Touch...

Nach der Swiss Crypto Stamp kommt nun die Swiss Crypto Postkarte Nach der aufregenden Veröffentlichung der Krypto-Briefmarken durch die Schweizerische Post im November, ist SwissNFTs stolz, bekannt zu geben, dass nun auch die passenden Krypto-Postkarten gekauft werden können – denn was ist eine Briefmarke ohne eine Postkarte? Als schweizer Start-up hat SwissNFTs eine wunderbare erste Generation von digitaler Kunst geschaffen. Drei verschiedene...

SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, today announced the launch of its Gold Token, a regulated digital token for investment in and delivery of physical gold on-demand. As announced in March this year SEBA Bank issues a token backed by responsibly sourced gold, providing a cost-effective access to the precious metal, and sets a new standard in the stablecoin sector. The SEBA Bank Gold Token is a landmark development in investment products, enabling...

Arab Bank Switzerland will enable its institutional clients to store, stake, and trade XTZ – the native cryptocurrency of the popular blockchain project Tezos. This announcement comes amid the token’s recent price surge, which led it to a new all-time high. The press release seen by CryptoPotato reads that the banking organization, founded in 1962, has selected Tezos to develop a new set of “innovative and compliant” on-chain digital financial products. The private bank will...

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...