カテゴリー: swiss

Crypto-Friendly Statesman Takes Over Swiss Presidency

Crypto-Friendly Statesman Takes Over Swiss PresidencyAfter serving as finance minister of one of the most economically influential nations over the past three years, Ueli Maurer is now starting his term as President of the Swiss Confederation. Given his track record and liberal views regarding fintech regulation, Maurer’s election is considered a positive development for the Alpine nation’s expanding crypto industry. Also […]

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Swiss Crypto Valley Association Leadership Steps Down After Governance Review

Swiss Crypto Valley Association Leadership Steps Down After Governance ReviewMore than half of the members of Switzerland’s Crypto Valley Association (CVA) board have announced their decision to step down in January. The news comes after reports about governance issues and allegations of conflicts of interest in the leadership of the growing organization. Also read: Estonia to Tighten Rules for Licensed Crypto Companies Four CVA […]

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Swiss Crypto Exchange-Traded Product Launching Nov. 21, But It’s Not an ETF

Swiss Crypto Exchange-Traded Product Launching Nov. 21, But It’s Not an ETFNew.Bitcoin.com has confirmed that the exchange-traded product tracking an index of five leading cryptocurrencies will start trading on Switzerland’s principal stock exchange on Nov. 21. The exchange has also confirmed that this product is not an exchange-traded fund (ETF). The country’s financial regulator, Finma, explains the differences. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]

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Cryptocurrency Exchange-Traded Product Live on Swiss Stock Exchange Next Week

Cryptocurrency Exchange-Traded Product Live on Swiss Stock Exchange Next WeekAn exchange-traded product tracking an index of five leading cryptocurrencies reportedly will start trading on Switzerland’s Six stock exchange next week. The product will be available to both retail and institutional investors. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Trading on Six Swiss Exchange The Financial Times reported on Friday that Switzerland’s Six […]

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The Daily: Nexo to Pay Interest on Stablecoins, Startups Launch Bank Services

The Daily: Nexo to Pay Interest on Stablecoins, Crypto Startups Launch Services for BanksIn this edition of The Daily, we cover Nexo’s recent decision to pay interest on stablecoin holdings, as well as a project by two Swiss cryptocurrency companies to offer exchange and custodial solutions for financial institutions that handle digital assets. We also look at Bitfinex’s newly updated app for “on-the-go” traders.  Also read: Security Startup Raises […]

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Regulations Roundup: Industry Leaders Want Clarity, Alliance Capitals Earns FINMA Warning

Regulations Roundup: Industry Leaders Want Clarity, Alliance Capitals Earns FINMA WarningIn recent news pertaining to cryptocurrency regulations, industry leaders have urged U.S. lawmakers to provide regulatory clarity or risk a crypto firm exodus, a Greek representative to the European Parliament has advocated for a lightweight cryptocurrency apparatus to avoid stifling innovation across the distributed ledger technologies industries, and the Swiss Financial Market Supervisory Authority has […]

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New Stablecoins: From Cryptopound and Metal-Backed Swiss Coin to Mongolian ‘Candy’

New Stablecoins: From Cryptopound and Metal-Backed Swiss Coin to Mongolian ‘Candy’Following some notable premiers in the genre recently, the next batch of stablecoins is on the way. A British startup is partnering with a bank to launch a GBP-pegged crypto, a Swiss commodities trader wants to mint a coin backed by metals, and a Mongolian telecom has been licensed to issue the country’s first digital […]

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Swiss Bankers Association Acts to Prevent Crypto Firm Exodus

Swiss Bankers Association Acts to Prevent Crypto Firm ExodusThe Swiss Bankers Association (SBA) has released a set of guidelines intended to bolster the availability of financial services to cryptocurrency companies. They are in response to the stubbornness of many banks to provide financial services to crypto-related businesses. Also Read: Markets Update: Despite Negative Headlines – Crypto-Prices Continue to Rise Swiss Bankers Association Publishes Guidelines Intended to […]

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More Banks Sanctioned for AML, Fraud-Related Violations

More Banks Sanctioned for AML, Fraud-Related ViolationsWhen societies discuss cryptocurrencies, the argument that the decentralized and unregulated nature of the crypto space leaves the door open to abuse, like money laundering and financial fraud, is often put forward by officials and authorities. However, a string of cases involving precisely these sins, and many, many banks, show that regulations are largely ineffective […]

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The Daily: Revolut to Launch in North America, US Startup Presents Telegram Alternative

The Daily: Revolut to Launch in North America, US Startup Presents Telegram AlternativeDigital bank Revolut is planning to expand its operations in America and Russia. Also, payment card provider Fuzex signs an agreement with Dash, a US-based startup offers an alternative to Telegram, and crypto firm Smart Valor receives approval as a financial operator in Switzerland. Also read: Robinhood Aiming for IPO, Dodgers to Give Away Crypto […]

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