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Swiss government rejects $103M fund intended for blockchain firms in ‘Crypto Valley’
The Swiss government reportedly rejects the $103 million bailout plea crypto companies sought to alleviate the severe impact of COVID-19. Businesses in Switzerland’s “Crypto Valley” have failed to secure loans worth 100 million Swiss francs (about $103 million), according to local news published Wednesday. дальше »
2020-5-29 17:18 | |
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Swiss Govt. Rejects Crypto Valley’s $103M COVID-19 Relief Loan for Blockchain Startups
Switzerland’s own crypto valley located in the Canton of Zug known for its business-oriented regulations is struggling to keep businesses afloat. Its request of 100 million francs, which is around $103 million USD, as a COVID-19 relief package has been rejected by the Swiss government. дальше »
2020-5-27 20:25 | |
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Crypto Businesses Now Comprise 7% of the Swiss Financial Services Standards Association
The crypto industry is certainly growing a lot in Switzerland right now. Do you want a big proof of this? The Swiss Financial Services Standards Association, known also as VQF, currently has 7% of its members being members of the blockchain market. дальше »
2019-8-3 02:48 | |
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Crypto-Linked Businesses in Switzerland Demand Banking Access
While the government of crypto-friendly Switzerland have since put in place amenable regulations to govern the region’s blockchain and digital assets ecosystem, traditional financial institutions in the country remain reluctant to service cryptocurrency-related startups. дальше »
2019-6-27 21:00 | |
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Maltese Crypto Businesses Eyeing Estonia and Swiss
Eman Pulis, the organizer of the Malta Blockchain Summit, has stated that while blockchain, cryptocurrency and artificial intelligence (AI)-related businesses are still finding it hard to secure banking services in the nation, Estonia and Swiss are fast attracting these firms, according to a Times of Malta report on May 12, 2019. дальше »
2019-5-14 09:00 | |
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Bitcoin Accepted as Payment Option by Major US Electronics Company
Avnet has become the latest major enterprise to begin accepting payment in bitcoin and other cryptocurrency. On March 19, 2019, the company announced that it will allow customers to pay for goods and services using bitcoin and bitcoin cash. дальше »
2019-3-20 19:08 | |
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What big cities can learn from the small Swiss town with a driverless bus
It was like navigating traffic in an electric-powered egg on wheels. The canton of Schaffhausen is just 30 minutes away from the Swiss capital of Zurich, but the municipality of 81,000 residents is home to less than one percent of the country’s population. дальше »
2019-2-18 20:45 | |
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The Aragon Project Aims to Make Businesses “Unstoppable”
Back in 2017, the Aragon Association, a Swiss non-profit, launched Aragon, an Ethereum-based distributed ledger technology (DLT) project that claims to make it easier for users to build and manage decentralized organizations. дальше »
2019-2-13 21:00 | |
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Crypto Winter Skips Swiss Crypto Valley as Related Businesses Grow 20%
Right now, most of the crypto industry around the world is suffering through a “crypto winter,” which is a term to explain how so many coins and progress have been metaphorically frozen in place. However, it does not look like the Swiss Crypto Valley has had the same misfortune. Instead, they have managed to see […] дальше »
2019-1-28 17:43 | |
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Switzerland says its national blockchain will be more secure than Bitcoin – it won’t be
Switzerland‘s state-run postal and telecoms services are hellbent on building a national blockchain in a bid to recruit local businesses to convert to distributed ledger technology (DLT). Swiss Post and Swisscom have shared details of joint-venture to build a completely private Swiss blockchain for launching locally operated “decentralized” applications. дальше »
2018-12-6 14:11 | |
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New Swiss FinTech License Requirements For Blockchain-Based Firms
The “crypto-nation” continues to support the development of FinTech businesses by instituting "relaxed" license requirements.
дальше »2018-12-5 22:50 | |
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Switzerland: FINMA Introduces Guidelines to Propel Local Cryptocurrency Businesses
Switzerland’s financial watchdog, the Swiss Financial Market Supervisory Authority (FINMA), unveiled a new set of guidelines on December 3, 2018, to propel the development of the local blockchain and cryptocurrency industry. дальше »
2018-12-4 18:00 | |
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Switzerland: FINMA Introduces Guidelines to Propel Local Cryptocurrency Businesses
Switzerland’s financial watchdog, the Swiss Financial Market Supervisory Authority (FINMA), unveiled a new set of guidelines on December 3, 2018, to propel the development of the local blockchain and cryptocurrency industry. дальше »
2018-12-5 18:00 | |
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Swiss FinTech License Allows Public Deposits of Up to 100m Francs for Blockchain Startups
The Swiss financial watchdog has published the guidelines for the FinTech license which allows companies to receive public deposits of up to 100 million Swiss Francs. The revised Banking Act, designed to promote innovation, has also opened doors to crowd-lending businesses within the regulatory sandbox. дальше »
2018-12-4 12:00 | |
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Swiss blockchain startups can now handle up to $100M – just like banks
Switzerland’s blockchain-related businesses are one step closer to legitimacy. Local cryptocurrency startups can now apply for a new license that would allow them to handle deposits of up to $100 million, a right normally reserved for banks. дальше »
2018-12-3 18:04 | |
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Swiss Startup Raises $103 Million to Build Cryptocurrency-Focused Bank
A Swiss cryptocurrency startup has raised over $103 million from private investors to build a crypto bank, reported Reuters on Sept. 27. Providing Banking to Crypto The parent company, SEBA Crypto AG, aims to provide financial services to cryptocurrency businesses across the globe, circumventing the problematic legislation and internal policies that most crypto-firms face while […] The post Swiss Startup Raises $103 Million to Build Cryptocurrency-Focused Bank appeared first on CryptoSlate. дальше »
2018-9-28 00:30 | |
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Swiss Bankers Association Acts to Prevent Crypto Firm Exodus
The 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. дальше »
2018-9-24 22:25 | |
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Switzerland wants banks and cryptocurrencies to play nice
Switzerland is offering a leg up to fledgling blockchain businesses in an attempt to affirms itself as a global cryptocurrency hub. The European banking haven is facing an exodus of blockchain startups due to uncharacteristically tough banking conditions, Reuters reports. дальше »
2018-9-21 18:35 | |
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Maerki Baumann Is the Latest Swiss Bank to Embrace Crypto
Maerki Baumann — a private bank based in Zurich, Switzerland — has announced it will manage its clients’ cryptocurrency assets. This makes it the second Swiss bank to make such an announcement following Hypothekarbank Lenzburg (Hypi), which stated in June that it would open business accounts for cryptocurrency companies. дальше »
2018-8-7 23:23 | |
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Swissquote Reports 44% Increase in Profit After Adding Cryptocurrency Services
Swiss online banking group, Swissquote, has benefited greatly from the addition of cryptocurrency investing to the set of services it offers, reporting a significant increase in its H1 2018 profits. дальше »
2018-8-1 16:55 | |
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Swiss Regulators Probe Crypto Mining Company Envion
The Swiss Financial Market Supervisory Authority (FINMA) has today announced enforcement proceedings against crypto mining firm Envion. The regulators believe that the German-Swiss start-up has been operating in breach of national banking laws. дальше »
2018-7-27 23:00 | |
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Access to Banking Services is being considered by Switzerland for Crypto Businesses
Economy & Regulation Crypto companies based in Switzerland may receive access to regular banking services as early as this year. Also read: Swiss Crypto Company Acquires License to Distribute Funds to Investors Banks Expected to Offer Services by the End of the Year In terms of crypto development, Switzerland is now standing at a crossroad. дальше »
2018-7-6 08:31 | |
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Switzerland Considers Granting Crypto Businesses Access to Banking Services
Crypto companies based in Switzerland may receive access to regular banking services as early as this year. Political will and economic wisdom seem to be in place as some government officials and bankers are already working to resolve a serious issue. дальше »
2018-7-6 05:25 | |
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Swiss Banks to Welcome Cryptocurrency and break Singapore’s crypto dominance
Switzerland businesses are urging their government to allow banks in the country to add cryptocurrency transaction system, says the Financial Times. In an exclusive interview to the economic publication, Crypto Valley’s Heinz Tannler says, “We hope to clarify relationships by the end of the year at the latest. дальше »
2018-7-3 23:23 | |
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Bitcoin Businesses Denied Banking Services in Ireland
Leading companies from the crypto sector in Ireland have complained they are being denied services by some of the country’s major financial institutions. Among the affected businesses are bitcoin exchange Bitcove, winner of the bank-sponsored “Best Business Startup” award, and Ireland’s “longest running” bitcoin broker, Eircoin. дальше »
2018-6-21 20:20 | |
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