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BitGo Launches Enterprise-Grade Bitcoin Custody in Switzerland and Germany 

BitGo, a California-based digital assets financial services firm is expanding its global presence by launching two new cryptocurrency custodial platforms in Switzerland and Germany.  The new custodial companies are aimed at providing BitGo customers with more jurisdictions to choose from, depending on which is most suited for their business, according

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Switzerland to Require ID for Crypto Exchange Transactions Over $1K

The Swiss Financial Market Supervisory Authority (FINMA) passed an anti-money laundering provision on Feb. 7. Citing additional risk, the threshold for unidentified crypto exchange transactions is lowered from 5,000 CHF to 1,000 CHF (approximately $1,020 USD).The provision comes following the enactment of the new Financial Services Act and Financial

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PwC Switzerland Partners Smart Contract Auditing Team ChainSecurity

Smart contract auditing team ChainSecurity partnered with the Swiss branch of Big Four auditing firm PwC to enhance the services the global auditor provides.In an email sent to CryptoX, a PwC spokesperson explained that no acquisition took place and multiple ChainSecurity teams joined the firm. Hand in handAccording to a

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PwC Switzerland Incorporates ChainSecurity Team to Expand Blockchain Audit Tools

PricewaterhouseCoopers (PwC) Switzerland has “hired” smart contract audit firm ChainSecurity’s team, folding the company and its expertise into the Big Four accounting firm, the companies announced earlier this week.In what seems like an acquisition in all but name, the seven technical engineers are joining the accounting firm and to bolster

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Arab Bank Switzerland to Offer Bitcoin Custody and Brokerage Services

According to a report published by swissinfo.ch on September 19, 2019, Arab Bank Switzerland has joined the list of established banks which offer access to digital asset products. A New Bank in the Crypto Sphere Arab Bank Switzerland, a bank specializing in private banking and trade financing, has partnered with blockchain technology

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After Switzerland Visit, Crypto Concerns Remain for US Regulators

Following a visit to Switzerland to meet with the country’s financial regulators, United States lawmakers are still concerned over Facebook’s proposed cryptocurrency project, Libra.Meetings with multiple agenciesAccording to an official statement from Representative Maxine Waters, members of the U.S. House of Representatives Financial Services Committee met with multiple regulatory

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US Lawmakers to Visit Switzerland to Discuss Crypto, Facebook’s Libra

A delegation of the United States House of Representatives will visit Switzerland on cryptocurrency concerns, with Facebook’s not-yet-released stablecoin Libra being in the focus.As local weekly news outlet NZZ am Sonntag reported on Aug. 17, a six-member delegation from the House Financial Services Committee is going to meet with

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