Wednesday, December 12, 2018
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Swiss National Postal Service and Telecom Leader to Build Blockchain Platform

Swiss Post and Swisscom will take advantage of their trusted reputation in Switzerland to create a blockchain platform for use by themselves and others that will be based on Hyperledger Fabric2. Swiss Post is publicly owned and the country’s second largest employer. It already uses blockchain technology to record temperature data

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Swiss Bank Gazprombank to Launch Crypto Services Next Year

Swiss bank Gazprombank recently partnered with fintech startup Avaloq and crypto firm Metaco to offer clients crypto services, an Avaloq press release reports Dec. 6.Fintech company Avaloq and crypto custody solution specialist Metaco are reportedly collaborating with Gazprombank –– which as CHF 3.1 billion ($3.12 billion) in total assets under

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Swiss Post & Swisscom Launch ‘100% Swiss’ Blockchain Infrastructure

Switzerland’s national postal service Swiss Post and state-owned telecoms provider Swisscom are partnering on a “100 percent Swiss” blockchain infrastructure, according to a press release Dec. 6.  The new infrastructure is reportedly the first private, or permissioned, blockchain to be operated jointly by two entities; its key premise is to

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Swiss Finance Minister Rejects Specific Blockchain Legislation in Favor of Current Laws

The Swiss Minister of Finance, Ueli Maurer, has rejected a possible blockchain law in a speech at blockchain conference Infrachain in Bern, Cointelegraph auf Deutsch reported today, Dec. 4.Instead of a specific blockchain or crypto legal framework, Switzerland plans to tweak existing laws to allow for the new technology and

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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.Swiss Regulator Announces License With Relaxed Requirements

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Swiss Fintech License Allows Blockchain, Crypto Firms to Accept $100 Mln in Public Funds

The Swiss Financial Market Supervisory Authority (FINMA) has released guidelines for their new “FinTech” license, according to a FINMA official press release released Dec. 3The Swiss financial regulator revealed that license pursuants, which can be blockchain-related and crypto-related firms, will be able to apply for the fintech license with the

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Oldest Swiss University Awards Honorary Doctorate to Ethereum Co-Founder Vitalik Buterin

The University of Basel has granted an honorary doctorate to Ethereum (ETH) co-founder Vitalik Buterin, according to an official statement on the university’s website today, Nov. 30.The Faculty of Business and Economics of Switzerland’s oldest university has awarded Buterin for “outstanding achievements in fields of cryptocurrencies, smart contracts, and the

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Zug Court Shuts Down Swiss Off-Grid Mining Firm Envion AG

The cantonal court of Zug, Switzerland has shut down cryptocurrency mining firm Envion AG for an alleged unauthorized Initial Coin Offering (ICO), German news outlet Handelsblatt Global reported Nov. 28.Envion was established in Switzerland by Michael Luckow and Matthias Woestmann as an off-grid mining company that claims to use decentralized,

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Swiss Electronics Supplier SIRIN Labs to Launch Its First Blockchain-Based Smartphone

Blockchain-focused electronics supplier SIRIN Labs will launch its first blockchain-based smartphone tomorrow, Nov. 29, U.S.-based IT and business tech magazine Computerworld reports today, Nov. 28.Following a funding round that raised $157 million in an Initial Coin Offering (ICO) for a blockchain-powered phone in December 2017, the Swiss-based firm announced this

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