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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...
Ball’s in Their Court: Crypto Custodians Waiting on Regulators to Act
6.6.2020
Crypto custody firms are mostly treated like traditional assets, ignoring the uniqueness of digital assets and its various complexities
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...
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...
The Crypto Enthusiast’s Dream: Top Countries That Tick All the Boxes
30.5.2020
Alongside the internet, cryptocurrencies have made the world a global village. Here is a list of countries that are ideal for crypto enthusiasts to live in
$103M Bailout Denied for Coronavirus-Hit Firms in Switzerland’s ‘Crypto Valley’
28.5.2020
The finance director of Switzerland's "Crypto Valley" has been denied a request for extra assistance for blockchain and crypto startups affected by coronavirus funding drought
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...
Eight Countries That Don’t Tax Your Bitcoin Gains
26.5.2020
As world governments push through legislation to levy taxes on capital gains from bitcoin (BTC) transactions, seeking to earn more from an asset class that frowns on regulatory oversight, there are still a few countries that remain pro-crypto, allowing investors to buy, sell or hold digital assets...
Switzerland Denies $103 Million of COVID-19 Relief for Crypto Valley
25.5.2020
80% of Zug’s blockchain startups said they won’t make it through this year
Bitcoin Suisse Targets Institutional Clients With Secure Custody, Staking for Tezos
20.5.2020
Major Swiss crypto broker Bitcoin Suisse has added custodial support and staking services for Tezos, using its PwC-audited vault storage
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
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...
Bitcoin Suisse Seeks $50M to Become a Crypto Bank Unicorn
8.5.2020
Bitcoin Suisse is looking for almost $50 million of funding from investors to pursue expansion plans, which include moving into the banking sector
3 Reports Look at North Korea’s Lazarus Group, Iran’s Farhad Exchange, and the Crypto Ponzi Futurenet
7.5.2020
On May 4, 2020, the blockchain surveillance firm Chainalysis published a three-part series covering a crypto Ponzi scheme, North Korea, and Iran’s use of digital currencies like bitcoin. The company’s research papers discuss the Poland-based crypto Ponzi called Futurenet, a hosting...
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
Digital Asset Firm Taurus Group Raises €10M From Investors Including Banks, Tezos
29.4.2020
Taurus Group is looking to expand its operations after securing Series A funding led by Arab Bank Switzerland
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...