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Swiss tech firm launches AI made of human brain cells rental service
17.8.2024
The organoids only live about 100 days, then, ostensibly, the AI dies
Bitcoin falls under $60K as investors' global economic slowdown concerns rise
14.8.2024
Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin
Swiss regulator FINMA targets stablecoin issuers in new proposal
28.7.2024
As stablecoins continue to gain traction globally, regulatory initiatives such as FINMA’s guidance are likely to influence policies in other jurisdictions
FINMA Warns Stablecoins Threaten Swiss Financial Reputation
28.7.2024
The Swiss regulator, the Financial Market Supervisory Authority (FINMA), recently published guidance on the issuance of stablecoins. The regulator says stablecoins are not only associated with money laundering risks but pose reputational risks for the entire Swiss financial centre. Stablecoin...
Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says
26.7.2024
FINMA's guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers' deposits
Swiss Crypto Bank Sygnum Achieves Profitability Amid Rapid Growth
25.7.2024
Swiss-based crypto bank Sygnum has achieved profitability in the first half of 2024, marking a significant milestone in the digital asset industry. The bank’s success is attributed to robust growth across its core business segments, including custody, trading, and lending services. With assets...
Swiss Crypto Bank Amina Partners Pyth Network to Provide Accurate Price Feeds
9.7.2024
Swiss crypto bank Amina Bank has partnered with Pyth Network to provide more accurate price feeds for users. This collaboration brings Amina Bank closer to its goal of enhancing the user experience and accessibility of Web3 applications. The real-time price feeds allow Amina Bank to generate...
Taurus enhances Zand Bank’s crypto, tokenization services in UAE
4.7.2024
The Swiss crypto platform is expanding its stable of large financial institutions
Swiss National Bank and SDX Delve Deeper Into CBDCs, Tokenized Securities
20.6.2024
The next two-year phase of Project Helvetia will see other financial institutions and types of transactions join the party
Swiss regulator forces crypto-friendly FlowBank into bankruptcy
14.6.2024
The Swiss-based bank had ties to the TrueUSD stablecoin issuer, Techteryx, crypto asset manager CoinShares and reportedly Binance
Swiss Regulator Shutters Crypto-Linked FlowBank, Begins Bankruptcy Process
13.6.2024
FINMA announced Thursday that FlowBank’s minimum capital requirements were found to have been “significantly and seriously breached.”
Hong Kong Partners With Swiss Crypto Valley
7.6.2024
Invest Hong Kong, the government department responsible for attracting foreign direct investment and the Crypto Valley Association (CVA) of Zug, Switzerland, have signed a Memorandum of Understanding (MoU) to bolster the fintech ecosystems of both regions. The agreement, signed on June 6, 2024...
Switzerland takes a ‘tech neutral’ approach to AI regulations
5.6.2024
As the world races to regulate high-level AI systems, Switzerland is taking a more “tech natural” approach focusing on sector-based use cases, while still having a major voice on the global stage
Swiss University Introduces 16-Day Bitcoin Course; Critics Question Exorbitant Fee
28.5.2024
The Zurich University of Applied Sciences has said it will kickstart a 16-day Bitcoin economy training course in March 2025. The short course aims to help students understand how bitcoin influences the financial system. Understanding Bitcoin’s Impact on the Financial System The Zurich...
World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency
19.5.2024
The World Bank has announced that it will issue its first CHF digital bond on June 11. This 7-year, CHF 200 million ($219 million) bond is the largest CHF issuance by the World Bank since 2009. It utilizes distributed ledger technology and settles using Swiss Franc wholesale central bank digital...
Swiss leaders plan to enforce global crypto reporting framework
16.5.2024
Switzerland plans to adopt global standards for crypto tax reporting, joining the Crypto-Asset Reporting Framework (CARF) to improve transparency
Swiss National Bank Chair Jordan Discusses Two Alternatives to Wholesale CBDC
7.5.2024
The Swiss National Bank is investigating alternative options to its wholesale CBDC, said Thomas Jordan, the bank's chairman of governing board.
The post Swiss National Bank Chair Jordan Discusses Two Alternatives to Wholesale CBDC appeared first on Cryptonews
Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency Reserves
27.4.2024
The chairman of the Swiss National Bank has expressed reservations about incorporating bitcoin into the central bank’s currency reserves. He stated that no decision has been made yet to invest in bitcoin, underscoring the necessity for currency reserves to be liquid, sustainable, and easily...
Bitcoiners Seek Constitutional Reform to Allow Swiss National Bank to Purchase Bitcoin
24.4.2024
Yves Bennaïm, founder and chair of 2B4CH, a Swiss pro-Bitcoin think tank, is launching a popular initiative to amend the country’s constitution to allow its central bank to purchase and hold bitcoin. The initiative is also supported by Bitcoin Suisse President Luzius Meisser, who believes...
Swiss Bitcoin Advocates Launch Petition Urging National Bank to Hold BTC Reserves
22.4.2024
A group of Bitcoin enthusiasts based in Switzerland is making a renewed effort to convince the Swiss National Bank (SNB) to include Bitcoin in its reserves.
The post Swiss Bitcoin Advocates Launch Petition Urging National Bank to Hold BTC Reserves appeared first on Cryptonews