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Ripple-Owned Metaco Loses its CEO and Chief Product Officer: Report
12.2.2024
Swiss cryptocurrency custody firm Metaco’s CEO Adrien Treccani and chief product officer Peter DeMeo have left the company, according to a CoinDesk report. In the meantime, no acting CEO has been named. During press time a Metaco spokesperson was unavailable to comment further on the report. Ripple...
Swiss Regulator Approves First Crypto Fund: Asset Manager Says ‘It’s an Exceptional Achievement’
29.9.2021
Switzerland’s Financial Market Supervisory Authority (FINMA) has approved the first Swiss crypto fund. It is managed by asset manager Crypto Finance and custodied by Seba Bank. “For the first time, FINMA has approved a Swiss fund that invests primarily in cryptoassets,” said...
2 Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval
2.6.2020
Switzerland’s financial regulator, FINMA, has approved two Zurich-based banks to offer a range of cryptocurrency services, including trading and custody. Maerki Baumann Bank subsequently announced the launch of its trading platform for major cryptocurrencies while Incore Bank is offering...
Switzerland’s Famed “Crypto Valley” Seeks $103 Million Government Bailout
28.4.2020
Switzerland’s “crypto valley” is asking the government for 100 million Swiss francs ($102.7 million) in funding, local media reported. The once flourishing Swiss cryptocurrency industry is struggling to survive following the withdrawal of private equity investors. About 80% of...
Former Head of UBS Shares Excitement Over the “Powerful” Crypto Banking Potential
29.9.2019
The ex-CEO of the largest bank of Switzerland, UBS, Peter Wuffli, has stated that he intends to tap into the 220 billion dollar market of private individuals, as well as institutions, that already own digital currencies. At present, Wuffli serves as the director of Sygnum, a Swiss cryptocurrency...