Steve Cohen’s Point72 Ventures Leads $15M Fundraising in Swiss Fintech GenTwo
The firm plans to use the funding to grow internationally and develop the company’s financial engineering platform. Original Source
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Swiss
Web3’s Swiss Army knife of personal finance Changex joins Cointelegraph Accelerator
Decentralized finance (DeFi) gave birth to a wide range of financial services that aim to challenge what traditional finance (TradFi) offers. However, the user experience persists as a major issue hindering the widespread adoption of DeFi apps and solutions. For years, the DeFi ecosystem has been seeking an entry point
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Hong Kong grants crypto license to Swiss bank SEBA’s branch
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Swiss bank SEBA received an in-principle license approval from the Hong Kong Securities and Futures Commission (SFC). The in-principle approval from the financial authority will allow the entity to operate in the crypto industry. The company
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Hong Kong’s SFC Grants Swiss Bank Seba In-Principle Approval
"Complementing Seba Group’s established licenses in Switzerland (FINMA) and Abu Dhabi (FSRA), the Hong Kong AIP significantly extends our global regulatory footprint," CEO Franz Bergmueller said in a statement. "Seba Group aligns itself with the Hong Kong government and its financial regulators in facilitating an environment that supports the responsible
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Tiny Bitcoin ATM Firm Bity Plans to Fight Giant Swiss Regulator FINMA in David vs Goliath Battle
What angered Bity is FINMA tightening know-your-customer (KYC) rules. Anyone using a Bitcoin ATM in Switzerland must now do a KYC check – in other words, reveal their identity – if they transact more than 1,000 francs (about $1,150) over a 30-day period. This is being implemented in an undemocratic
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Credit Suisse and Swiss Football Association To Release NFT Collection Supporting Womens’ Football
Additionally, the NFTs will be for sale across three packages, ranging from 150 to 10,000 Swiss Franc – about $167 to $11,000. The packages come with corresponding benefits including a physical artwork counterpart, a meet and greet with the players and a signed jersey. Source
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Swiss National Bank to Launch Wholesale CBDC (wCBDC) Pilot Soon
The decision to prioritize wholesale CBDCs, which involve tokenized securities, showcases the SNB’s commitment to thoroughly assess and manage any associated risks before considering the introduction of retail CBDCs. The Swiss National Bank (SNB) is set to create a digital currency known as a wholesale central bank digital currency (wCBDC). According
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Swiss central bank announces plans for wholesale CBDC pilot with ‘real money’: Report
The head of the Swiss National Bank (SNB) has announced that the bank will launch a wholesale central bank digital currency (wCBDC) pilot project, according to a report. Reuters quoted bank chair Thomas Jordan as saying the project would begin “soon.” The wCBDC will be issued on the Swiss SIX digital
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Bank of China’s Investment Bank BOCI Issues Tokenized Securities on Ethereum in Hong Kong with Swiss Bank UBS
“We are encouraged by the evolution of Hong Kong's digital economy and are committed to promoting the digital transformation and innovative development of Hong Kong's financial industry,” Ying Wang, deputy chief executive at BOCI, said in a statement. Source
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Swiss digital asset infrastructure platform Taurus integrates with Polygon
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Swiss digital asset service provider, Taurus, has formed an alliance with Ethereum blockchain scaling network, Polygon. Switzerland-based Taurus, a provider of services including custody, tokenization, and trading of digital assets, has announced a strategic partnership with
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