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Swiss Banks Team With Fintechs to Enter the Crypto Space
25.9.2019
Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards...
EU and Libra: Facebook’s Project Getts Challenged as ‘Eurocoin’ Looms
24.9.2019
EU politicians eye up “Eurocoin” to battle Libra in Europe as the lawmakers and central bankers fear that private currencies can disrupt economies and sovereignty
SIX Swiss Exchange Postpones Launch of Blockchain-Powered Digital Exchange
23.9.2019
SIX Swiss Exchange has postponed the launch of its blockchain-based SIX Digital Exchange
Swiss Bitcoin Bank: UBS, Credit Suisse Interest ‘Clearly Picked Up’
23.9.2019
“I don’t see a bubble right now. I see more serious business planning and solutions addressing client needs,” says UBS ex-CEO Peter Wuffli of the crypto sector
Swiss University Fights Fake Diplomas With Blockchain Technology
22.9.2019
The University of St. Gallen in Switzerland fights fake diplomas by using blockchain technology
Taurus and Arab Bank, Switzerland Partners Up To Provide Crypto Services
20.9.2019
The sister branch of one of the banking giants in the Middle East, Arab Bank Switzerland has entered into a partnership with the Swiss-based blockchain technology firm, Taurus, to offer its affluent clients, a platter of services on crypto assets. These services would include custody, brokerage...
Arab Bank’s Swiss Arm is Launching Cryptocurrency Services
19.9.2019
The Swiss branch of one of the top financial institutions in the Middle East is launching a suite of cryptocurrency-based services
Arab Bank Switzerland Opens Bitcoin Custody, Brokerage Services
19.9.2019
Arab Bank Switzerland has become the latest Swiss institution to enter the digital assets sector
Seba And Sygnum Bitcoin Banks Granted License By Swiss Financial Regulator (Finma)
17.9.2019
Recently, the Swiss Financial Market Supervisory Authority (FINMA) has made an announcement that has come as a relief to two “pure-play blockchain service providers” who can now serve as crypto banks for the industry. This is being perceived as a giant step for the digital asset industry as one...
ECB Official: Stablecoins Pose Risks to Public Policy Priorities
16.9.2019
Benoit Coeure of the European Central Bank says that stablecoins like Libra pose serious risks to public policy priorities
European Countries Step Up Response to Facebook’s Libra
16.9.2019
The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments. As Facebook engages Switzerland’s financial regulator, the ECB clarifies how Libra...
Central Banks to Meet With Libra Founders in Switzerland on Monday
15.9.2019
A forum of central banks will meet with Libra on Monday to assess the purported financial stability risks of the project
Nature Abhors a Vacuum: Why Trump’s Proposed Negative Rates Bode Well for Bitcoin
14.9.2019
In a recent tweet, U.S. president Donald Trump delved into an explosive, all-caps-loaded mini-rant about the necessity of getting “interest rates down to ZERO, or less.” The bombastic politician stressed the need for America to refinance its debt, trailing off with some superficially...
Big Banks Won’t Touch Crypto Clients – But These Smaller Banks Will
13.9.2019
Cryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant...
Facebook Libra Brings ‘Risks and Opportunities’: Swiss Watchdog Chief
12.9.2019
FINMA's director has spoken out about the risks of working with a major project like Facebook's Libra, and said there are also potential benefits
Switzerland’s FINMA Announces Additional Scrutiny of Facebook’s Libra
12.9.2019
Facebook shines as one of the most loved social networking sites in the modern era. With the growing craze for cryptocurrencies, Mark Zukerberg led social media giant, planned to explore the new domain by launching its stablecoin, Libra. Despite hailing from a reputed and popular brand name...
Switzerland Open to International Cooperation on Libra, Says Watchdog
12.9.2019
FINMA director Mark Branson has rebuffed the notion that Facebook’s choice of Switzerland for the Libra Association HQ was a matter of regulatory arbitrage
Facebook Libra Is Seeking to Register as a Payment System in Switzerland
11.9.2019
The company set up to run Facebook's Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland
3 Key Takeaways From Switzerland’s New Stablecoin Guidelines
11.9.2019
Switzerland’s financial watchdog issues new stablecoin guidelines, outlines its requirements for the Libra Association’s proposed stablecoin payments network
Libra Association Seeks Swiss Payments License for Facebook’s Crypto
11.9.2019
The organization tasked with governing Facebook’s planned stablecoin network has revealed it is applying for a payment system license with Switzerland’s financial watchdog