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Eidoo Burns 28 Million $EDO in Preparation for Governance Token Upgrade on June 18th
11.6.2020
Switzerland, 11th June 2020. Swiss-based crypto platform Eidoo has today burned almost one third (1/3rd) of the total supply of utility token $EDO as they prepare for its June 18th token upgrade, in collaboration with sister company Provable Things. In one of the largest-scale token burns in...
Eidoo to Burn 80% of Company’s Token Holdings to Kickstart One of the Biggest Daos in Defi
4.6.2020
Switzerland, 4th June 2020. Swiss-based crypto platform Eidoo is upgrading its native utility token into a governance token that will power a new cross-chain DAO. In a collaborative decision by Eidoo and pTokens, the $EDO token will be upgraded into $PNT later this month so that it can be used...
Ethereum's Layers, Mining moves, Swiss Bitcoin Banking + More News
2.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
Ethereum (ETH) co-founder Vitalik Buterin said that the initial deployment of Ethereum's layer 2 scaling strategy...
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...
Swiss Bank Maerki Baumann Launches Crypto Custody and Trading
1.6.2020
Swiss private bank Maerki Baumann deepens crypto push by adding crypto custody and trading services
Private Swiss Bank Rolls Out New Premium Crypto Trading Service
1.6.2020
Private Swiss bank Maerki Baumann is offering a new trading and custody service for a handful of cryptos
Swiss Regulators Green Light Crypto Transactions for Local Bank
31.5.2020
InCore bank becomes the first Swiss business-to-business bank approved by the financial watchdog to operate with digital assets
Bitcoin Suisse: Users Can Now Trade Gold Against Bitcoin and Ethereum
28.5.2020
Swiss crypto financial firm Bitcoin Suisse has added gold, silver, and platinum to its platform, allowing users to trade the precious metals against both bitcoin (BTC) and ether (ETH), as well as five other major fiat currencies. The precious metal trades are available for 24/7 trading with...
Swiss Government Rejects $103 Million Bailout for Crypto Companies Battered by Coronavirus
26.5.2020
Switzerland’s government has rejected a 100 million franc ($103 million) bailout for local cryptocurrency companies battered by the coronavirus economy, local media reported. Zug finance director Heinz Taennler requested the special funding package in April. He planned to issue out loans...
Ex-CFTC Chair Chris Giancarlo Joins Swiss Effort to Fund COVID Relief Projects
19.5.2020
Led by Swiss crypto exchange Lykke, a $200,000 initiative to fund tech-driven COVID-19 relief projects has tapped ex-CFTC chair Chris Giancarlo as its advisor
Swiss Crypto Exchange Lykke Launches Contest to Fund Tech Against COVID-19
19.5.2020
Lykke’s new contest looks to give money to developers to pursue new tech proposals that promise to aid the economic recovery in the wake of COVID-19
Bitcoin Suisse Sells 20% Stake to Raise $47 Million: Crypto Valley Broker Aims To Expand Into Banking
8.5.2020
Crypto valley firm Bitcoin Suisse has announced plans to sell a 20% stake in the company. The sale is expected to raise 46 million Swiss francs ($47.38 million). Bitcoin Suisse said it intends to use the money to expand its portfolio to banking services in Switzerland and Liechtenstein, according...
TokenSoft Expands Security Token Services to Europe With New Swiss Entity
6.5.2020
Security token platform TokenSoft is expanding its services to Europe using a new Swiss entity, licensing its software through a local partner
Swiss Association Issues New Common Standards for Crypto Custody
30.4.2020
The Geneva-based Capital Markets and Technology Association moves on from anti-money laundering standards to digital asset custody and management
Arab Bank Switzerland Leads Major Series A for Swiss Digital Assets Firm Taurus
29.4.2020
While undisclosed, the amount is reported to be an “8-digit” figure in Swiss francs — implying a $10 million+ investment
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...
Struggling Swiss Crypto Valley Seeks Gov Aid
26.4.2020
Swiss Crypto Valley is in trouble and is seeking for a 100 million Swiss franc bailout from the government
COVID-19 Takes an Enormous Toll on Swiss 'Crypto Valley'
17.4.2020
COVID-19 may lead to positive change to crypto, according to the President of the Swiss Crypto Valley Association
Crypto Finance AG Raises $14.5M from Big Name Swiss and Asia Pacific Investors
16.4.2020
The Series B was led by prominent Swiss investor Rainer-Marc Frey and major Beijing-based private equity fund Lingfeng Capital
Swiss Crypto Firm Closes $14.5M Series B to Help Secure Brokerage License
16.4.2020
Crypto Finance AG's $14.5 million funding round will go toward international expansion and courting institutional investors