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Nalezeno "Switzerland": 460

Swiss Private Bank Says 400 New Clients Demanding Crypto Products

22.8.2019
Swiss private bank Maerki Baumann is inundated with new clients interested in its crypto plans

US Lawmakers to Discuss Facebook Libra on Swiss Visit: Report

19.8.2019
Congresswoman Maxine Waters and other U.S. lawmakers will discuss Facebook's crypto project with the Swiss data privacy chief this week

Facebook’s Libra Token Back in Action, As Delegation from US to Visit Switzerland for Discussions

19.8.2019
Ever since it was unveiled on June 18, Libra has been in the headlines, mostly for controversial reasons. From the US Congress to the Senate, from the US to the UK, lawmakers everywhere had polarizing views about the token. While a few of them felt that this Libra could help curtail illegal...

Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies

17.8.2019
Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. In any case, some bankers fear this...

Coinbase Custody Acquires Xapo, Sees $7 Billion Growth

16.8.2019
Today, Coinbase Custody has announced that it has completed the acquisition of Xapo’s institutional businesses. Coinbase Custody has acquired 55 Million U.S. Dollars, Xapo’s institutional business. The platform was in stiff competition with major investment company- Fidelity, who was also...

Electricity Theft for Bitcoin Mining Imposes Loss of $25 Million in Malaysia

16.8.2019
Bitcoin Mining is a power-intensive activity, and it consumes a lot of electricity. A report by Cambridge last month showed that Bitcoin consumes more electricity than the entire country of Switzerland. While the cost involved is huge, it can be devastating to electricity manufacturers...

Swiss SIX Digital Exchange CEO Departs Due to ‘Strategic Differences’

15.8.2019
CEO of Switzerland's SIX Digital Exchange, Martin Halblaub, leaves after eight months on the job

Largest Stock Broking Company of Switzerland Allows Crypto Trading

5.8.2019
Biggest online trading and banking group of Switzerland, Swissquote will now be supporting the trading of various cryptocurrencies. The user from now will be allowed to credit, trade, and withdraw cryptocurrencies on the platform. The user can also transfer digital currencies from exterior wallets...

SEC Commissioner: US Could Draw Crypto Policy From These Countries

5.8.2019
The U.S. Securities and Exchange Commission (SEC) could learn from other countries when finalizing its own crypto regulation, Commissioner Hester Peirce explains. While highlighting peculiar and notable features of the U.S. system, the commissioner emphasizes cross-border considerations, detailing...

Crypto Exchange and Custodian Smart Valor Goes Live in Switzerland

30.7.2019
With $3.25 million in new funding, Smart Valor says it's launching the first regulated bitcoin exchange in crypto-friendly Switzerland

Crypto-Focused Finance App Aximetria Wins License From Swiss Regulator

29.7.2019
Aximetria, a firm offering a personal finance app for fiat and cryptocurrencies, has been awarded a financial intermediary license in Switzerland

Facebook Libra Hasn’t Responded to Information Request: Swiss Watchdog

24.7.2019
Facebook hasn't responded to a request by Switzerland’s data privacy regulator for more details on Libra, despite the project being based in Geneva

Swiss Crypto Broker Bitcoin Suisse Applies for Banking and Securities Licenses

17.7.2019
These anticipatory steps have been taking in face of a "maturing" regulatory environment, as the firm plans to expand its crypto-related financial services

New Cambridge Research Shows That Bitcoin Consumes More Power Than Entire Switzerland

6.7.2019
Cryptocurrencies are high energy consuming assets, and Bitcoin is expectedly the highest consumer. However, the recent research by the University of Cambridge is something bigger than most would have expected. Bitcoin consumes more electricity than the entire nation of Switzerland. As of now,...

The Swiss Are Onto Something: Facebook, Libra and the Case for Decentralization

4.7.2019
A recent letter from the U.S. House of Representatives to social media giant Facebook has crypto users speculating feverishly. The implications of the letter, and Calibra CEO David Marcus’ recent response, will inform the future of money not only in America, but worldwide. House Chairwoman...

US Congress Requests Moratorium on Facebook’s Libra Stablecoin

3.7.2019
The U.S. House of Representatives Committee on Financial Services requested that Facebook imposes a moratorium on the development of its stablecoin

SIX Fintech Ventures Buys Stake In Digital ID Outfit PXL Vision

2.7.2019
Over the past half a decade or so, the Fintech industry has grown into a veritable behemoth, and much of the credit must go to the innovators who have worked tirelessly to make it another pillar of the financial industry. In that regard, SIX Fintech Ventures has also been one of the more...