2023-6-27 00:54 |
Thomas Jordan, head of the Swiss National Bank, announced the project at a conference in Zurich; the central bank still feels “prudent” about a retail CBDC, though. origin »
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Despite the substantial growth of crypto prices in recent years, Switzerland remains wary of virtual currencies, said Swiss National Bank Chairman Martin Schlegel. The Swiss National Bank remains cautious about crypto as Chairman Martin Schlegel stressed on Thursday, Nov. 7,…
2024-11-8 11:29 | |
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Bordier & Cie SCmA, a 134-year-old Swiss bank, has decided to enter the crypto market space, which indicates another significant step in Bitcoin’s mainstream adoption. The private bank will incoThe post Swiss private bank Bordier & Cie SCmA offers trading in Bitcoin, Ether and Tezos appeared first on AMBCrypto.
2021-2-25 21:00 | |
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Switzerland’s top financial regulator, Financial Market Supervisory Authority (FINMA) grants local banks, InCore, the first license to transact digital currencies. This adds to the accelerated efforts from the Swiss government in the blockchain field so far in 2020 with the government looking to implement a central bank digital currency (CBDC). InCore, first Swiss bank licensed […]
2020-5-31 16:23 | |
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InCore bank becomes the first Swiss business-to-business bank approved by the financial watchdog to operate with digital assets.
2020-5-31 07:00 | |
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Reports circulated yesterday that the Swiss SIX Stock Exchange was encouraging the local central bank to launch a stablecoin that could be used within their country. Between that encouragement and the recent changes to the Libra whitepaper, it is clear that the market desires another stablecoin, and the Dukascopy Swiss bank is listening. According to […]
2019-6-28 00:24 | |
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Cryptocurrency assets received from services rendered and crypto mining will now be accepted by Maerki Baumann
2018-8-7 15:36 | |
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Maerki Baumann has become the latest Swiss bank to jump on the crypto bandwagon, following in the footsteps of Vontobel and Falcon Bank.
2018-8-7 14:22 | |
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Yet another major Swiss bank, Maerki Baumann Private Bank in Zurich, announced it will begin accepting cryptocurrency. Setting the Tone? In July 2017, Switzerland’s Falcon Private Bank announced that it will be storing and trading Bitcoin within its very own asset infrastructure, challenging the status quo as most banks in the country refuse to accept cryptocurrencies.
2018-8-7 02:00 | |
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The Swiss financial UBS holding again came out to criticize bitcoin, while acknowledging that in the future bitcoin will be able to replace fiat currencies, but currently bitcoin does not fit this role.
2018-8-3 11:20 | |
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Swissquote is a Swiss online bank which was the first to offer Bitcoin trading to its clients. In July of last year, the organization was able to successfully allow its clients to open accounts to trade Bitcoin (BTC).
2018-8-1 19:29 | |
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To Mark Pascall, co-founder of BlockchainLabs New Zealand (NZ) and president of the Blockchain Association NZ, the blockchain space is more than just a new technology layer, it’s a “fundamentally different way for organizations and societies to operate.
2018-7-31 21:27 | |
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In July 2017, the Swiss-based online bank was credited by many with becoming “the first” European online bank to launch Bitcoin (BTC) trading accounts for its clients. Finews attributes Swissquote’s bullish growth in Q1 2018 to a “brisk demand” for crypto products and the soaring fortunes of crypto markets earlier this year. Net new capital
2018-7-31 16:02 | |
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Swiss online banking service provider Swissquote has seen a 44% surge in profits in the first half of 2018, a strong upturn attributed to the “crypto boom” earlier this year
2018-7-31 13:18 | |
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Recently, the Swiss Financial Market Supervisory Authority [FINMA] have held meetings with the Swiss National Bank and some of the other country’s local banks on how to improve the present condition of cryptocurrency ventures’ access to the bank.
2018-7-23 21:03 | |
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Swiss officials have expressed concerns after two banks stoped offering their service to crypto and blockchain companies. Zuercher Kantonalbank (ZKB), Switzerland’s fourth biggest bank, has closed the accounts of more.
2018-7-22 17:33 | |
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Switzerland’s financial market supervisor, FINMA held discussions with the country’s bankers’ association and the Swiss National Bank (SNB), on how to improve cryptocurrency ventures’ access to banks.
2018-7-21 13:10 | |
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Switzerland’s financial market supervisor, FINMA held discussions with the country’s bankers’ association and the Swiss National Bank (SNB), on how to improve cryptocurrency ventures’ access to banks.
2018-7-21 11:00 | |
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The Litecoin Foundation has acquired a 9.9% stake in WEG Bank from TokenPay in a deal that will see the two companies partner to develop cutting-edge fintech products. The stake had been purchased previously by TokenPay, but the Swiss startup handed it to the Litecoin Foundation in exchange for its expertise in the development of […]
2018-7-14 00:00 | |
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On July 10, 2018, Swiss cryptocurrency company TokenPay, in partnership with the Litecoin Foundation, acquired a 9. 9 percent stake in Germany’s WEGBank AG with an option to purchase 90 percent of the latter’s business following relevant regulatory approvals.
2018-7-13 20:00 | |
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Tokenpay Swiss AG has officially confirmed that it has acquired a 9. 9 percent stake in WEG Bank AG in partnership with the Litecoin Foundation. The terms of the agreement will also include options to purchase approximately 90% overall of the bank, pending the customary regulatory approval.
2018-7-12 02:40 | |
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TokenPay Swiss AG announced its partnership with Germany’s WEG Bank yesterday, which sees the decentralized and self-verifying payment platform acquire 9. 9 percent of the bank. The other 90 percent of the bank is will reportedly be purchased pending mandatory regulatory approval.
2018-7-11 13:00 | |
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Litecoin Foundation îáúÿâèëà î çàêëþ÷åíèè ñòðàòåãè÷åñêîãî ïàðòíåðñòâà ñ áëîê÷åéí-ñòàðòàïîì TokenPay, â ðàìêàõ êîòîðîãî êîìïàíèè ñîâìåñòíî ïðèîáðåëè äîëþ íåìåöêîãî WEG Bank. Ðàíåå TokenPay Swiss AG, áàíêîâñêàÿ êðèïòîâàëþòíàÿ ïëàòôîðìà, îáúÿâèëà î ñâîåì ïàðòíåðñòâå ñ WEG Bank â Ãåðìàíèè.
2018-7-11 11:14 | |
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In May 2018, TokenPay Swiss AG joined with WEG Bank in Germany. The former attained a 9. 9 percent stake in the bank, along with the option to purchase as much as 90 percent, pending regulatory approval.
2018-7-11 01:20 | |
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On 6th July, Swiss Stock Exchange announced its collaboration with Swiss National Bank and FINMA. The initiative of the collaboration is to build a trading platform for the exchanging of digital assets.
2018-7-8 02:59 | |
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SIX, the firm that operates and owns the Swiss stock exchange, has announced plans to launch a fully regulated digital cryptocurrency exchange. The firm says it plans to launch "the first market infrastructure in the world” which will “offer a fully integrated end-to-end trading" while providing a safe environment where digital assets can be issued and existing securities and non-bankable assets can be tokenized.
2018-7-7 23:11 | |
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The general manager of the Bank of International Settlements (BIS) Agustin Carstens has renewed the institution’s attacks on cryptocurrency, calling them “a bubble, a Ponzi scheme and an environmental disaster.
2018-7-5 17:00 | |
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The head of the Bank for International Settlements (BIS) continued the institution’s critical stance on cryptocurrency, saying it “cannot assume the functions of money,” BIS reports July 4. Speaking to Swiss newspaper Basler Zeitung last week, subsequently published by BIS itself, general manager Agustin Carstens cautioned “young people” against “trying to create money,” drawing comparisons
2018-7-5 16:55 | |
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The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.
2018-7-3 23:28 | |
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Following news that the Swiss Bankers Association (SBA) has created a working group dedicated to helping local blockchain companies open bank accounts, we thought readers might be interested in comments from Gianluca Giancola, Co-founder of Zug-based blockchain-powered loyalty ecosystem qiibee.
2018-6-29 20:18 | |
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Swiss Alps: A military-grade bunker has opened its vaults to permit wealthy cryptocurrency investors to securely store their coins. Think of the operation as a sort-of Swiss bank account for digital assets.
2018-6-27 22:01 | |
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The Swiss Bankers Association has created a working group to assist blockchain companies in opening up bank accounts in the country
2018-6-27 05:05 | |
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When cryptos became widely popular, central banks were seriously considering issuing their own digital currencies. However, the interest has slowly waned as central banks begin to seriously consider the implications such currencies would have on financial stability.
2018-6-25 20:00 | |
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Business Insider reported that Thomas Moser, a key member of management at the National Swiss Bank, believes that governments have lost interest in state-issued crypto or digital currencies. Thomas Moser: “Enthusiasm Has Slowed” For National Crypto While at a cryptocurrency conference in Zug, Switzerland, the representative of the bank gave a Business Insider journalist an.
2018-6-24 06:17 | |
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Thomas Moser, a board director at the Swiss National Bank (SNB), believes that central banks’ interest in developing central bank-issued digital currencies (CBDCs) has now waned, Business Insider reports today, June 23.
2018-6-23 16:59 | |
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According to a board member at the Swiss National Bank, enthusiasm has waned for issuing a state-backed digital currency
2018-6-23 15:10 | |
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The board director for the central bank of Switzerland spoke firmly against the idea of having a national cryptocurrency, citing the novelty of blockchain technology at present.
2018-6-23 11:04 | |
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While cryptocurrencies have the potential to facilitate lightning fast payments across borders, reduce the cost of minting fiat money and drastically put inflation in check, the Swiss Central Bank board director, Thomas Moser has declared that digital currencies still do not have what it takes to be a national currency.
2018-6-23 01:45 | |
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Board director of the Swiss National Bank Thomas Moser said that crypto and blockchain are too primitive in their present form to consider issuing a national digital currency
2018-6-22 03:28 | |
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In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […] The post U.
2018-6-19 12:10 | |
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In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […] The post U.
2018-6-19 12:10 | |
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OPINION: A Swiss bank has said that Bitcoin could break the Internet with its bandwidth and power needs. As a part of its annual economic report, the Bank for International Settlement detailed why Bitcoin has a “range of shortcomings”.
2018-6-19 10:01 | |
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Switzerland is recognized as a center for cryptocurrency and blockchain transactions, with Zug (a place in the country) even being referred to as the “Crypto Valley”. The low-tax region is a productive ground for countless startups – ventures such as Ambrosus, Bancor and Jibrel Network have offices in Zug. Another huge cherry on the cake […]
2018-6-13 15:21 | |
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Switzerland’s mortgage bank Hypothekarbank Lenzburg (Hypi) has announced that it will open business accounts for crypto companies. With the exception of the Falcon Private Bank, which offers asset management services, Hypi will be the first Swiss bank to open its arms to the crypto community. She said the bank had studied the relevant compliance issues
2018-6-12 01:52 | |
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Switzerland’s mortgage bank Hypothekarbank Lenzburg (Hypi) has announced that it will open business accounts for crypto companies. While cryptocurrency and blockchain technology have been widely accepted in Switzerland, the banks have not been as friendly.
2018-6-12 22:22 | |
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Bank de France has unveiled the outcomes of its wholesale central bank digital currency (wCBDC) trial
Comments from the Swiss National Bank chairman signal that he does not understand the bitcoin market or is strategically downplaying it.
The Swiss National Bank and the BIS don’t want to miss out on possible blockchain-powered benefits for the financial system.
Coinspeaker Bank of England and Five Other Central Banks to Assess Benefits of CBDCThe group of the biggest world's banks led by the Bank of England will investigate the economic benefits of a central bank digital currency (CBDC).
Switzerland’s central bank is fretting over the possibility of stablecoins pegged to foreign currencies eroding its ability to use its monetary policy tools effectively, further complicating the path for cryptocurrency projects such as Libra.
The Swiss National Bank (SNB) is afraid that digital currencies like Facebook’s Libra might impede the central bank’s capability to initiate and implement monetary policy. This is the conclusion of Thomas Jordan, chairman of SNB’s governing board.