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Tag Archives: switzerland

Swiss Bank SEBA Is Looking to “Bridge the Gap” Between Fiat and Crypto

SEBA, a cryptocurrency bank based in Switzerland, has announced that it is now authorized to handle both traditional fiat currency as well as digital money like bitcoin (BTC) and Ethereum (ETH).SEBA Offers Both Traditional Money and CryptoCustomers can open accounts with the bank as a means of storing both their traditional funds and their cryptocurrencies. Clients of SEBA typically rank as asset managers, private investors and corporate businesses.Switzerland is one of the most prominent...

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Swiss Blockchain Federation: Was wurde bisher erreicht?

Ein Jahr SBF: Viel Kitt und Schub für das Ökosystem Ein Jahr nach der Gründung hat sich die Swiss Blockchain Federation als verlässlicher Partner für das Crypto Valley und das einher entstehende Ökosystem etabliert. Die Swiss Blockchain Federation hat den Auftrag, die Rahmenbedingungen für die Blockchain-Technologie zu verbessern und die Thematik auf politischer Ebene voranzutreiben. Dieser Auftrag umfasst insbesondere das Zusammenbringen...

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Facebook’s Crypto Libra Isn’t Getting Away With Measly Swiss Payments License

Switzerland's financial regulator will subject the 'Libra' project to further scrutiny. | Source: ShutterstockSwitzerland’s financial regulator has indicated that Facebook’s cryptocurrency project Libra will be required to meet additional requirements besides getting a payment system license prior to starting operations.In a press release, the Swiss Financial Market Supervisory Authority (FINMA) stated that the various services planned by Facebook’s cryptocurrency initiative had necessitated...

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Crypto-friendly Switzerland Outclasses U.S. as Facebook Libra’s Regulator

Switzerland crypto laws have appealed to blockchain enthusiasts for years. Facebook’s head of blockchain, David Marcus, is no exception. He released a statement announcing that he expects the new coin to be governed by Swiss law.“Because the (Libra) Association is headquartered in Geneva, it will be supervised by the Swiss Financial Markets Supervisory Authority (FINMA). We have had preliminary discussions with FINMA and expect to engage with them on an appropriate regulatory framework for...

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