Cryptocurrency Analysis and News Portal
Three European companies SICPA, KSI (Guardtime) and OpenHealth have joined together to propose a “Covid-19 Secured Health Passport” and are aiming to help manage the health
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Several Swiss international companies and civil and military organisations are piloting a new blockchain project which can deliver a secure health certificate on a mobile application. The
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Switzerland’s “crypto valley”, a fintech friendly region near Zurich, is seeking a 100 million Swiss franc ($102.7 million) fund from the federal government. This fund is allocated to bail out the troubled fintech companies, according to a Bloomberg April 26 report. Cantonal Finance Director, Heinz Taennler, said that the fund would
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Switzerland’s leading stock exchange, SIX Swiss Exchange, has announced a partnership with Omniex - a San Francisco based firm that develops trading platforms designed for institutional investors targeting the crypto asset markets.According to a Feb. 25 press release published by SIX, the partnership will provide the firm and its
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Zermatt, a municipality in Switzerland at the foot of the Matterhorn known for its ski resort, has started accepting bitcoin for government
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Libra, the much-scrutinized proposed cryptocurrency from Facebook (NASDAQ:FB), has “failed in its current form,” according to Swiss President and Finance Minister Ueli Maurer. Swiss President Critical of Libra Basket Maurer, who is in the final days of his year-long term as President of the Swiss Confederation, was speaking to the country’s national
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After meeting a list of obstacles in an attempt to pass regulations for its ambitious Libra cryptocurrency project, Facebook has been set back in their goal to launch it in 2020. Switzerland’s president, Ueli’ Maurer, has expressed disappointment in the project as Facebook’s team continues its efforts to seek regulatory
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The basket of assets backing Facebook’s Libra stablecoin needs to change in order for the project to be accepted by regulators, according to Switzerland’s President.“Central banks will not accept the basket of currencies underpinning it”Reuters reported on Dec. 27 that Swiss finance minister and outgoing president Ueli Maurer said
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The government of cryptocurrency-friendly Switzerland has shot down the idea of issuing a digital Swiss franc, for now.According to a Dec. 13 press release published on the Federal Council’s website, the Federal Council approved a report exploring the opportunities and risks of issuing a digital form of the country’s
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In a statement following a cabinet meeting, the government said: “Universally accessible central bank digital currency would bring no additional benefits for Switzerland at present. Instead, it would give rise to new risks, especially with regard to financial stability.” Source
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