Cryptocurrency Analysis and News Portal
While the global industry built around digital assets is losing funds and jobs are dropping off, Switzerland seems to be weathering the storm relatively well, one piece of research claims. In fact, more crypto companies settled in the country during the past turbulent year than those that left it, or
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Project Mariana, coordinated by the Innovation Hub of the Bank for International Settlements (BIS), is looking at whether protocols used in intermediary-free decentralized finance (DeFi) can replace traditional, more laborious processes for matching buyers and sellers of different fiat currencies. Source
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The association, known by its German initials VQF, gives a stamp of approval to the London-based company's compliance with Switzerland's anti-money laundering laws, it said by email on Monday. Membership of VQF gives Copper the necessary approvals to operate the unit, a spokesperson for the company said. Original Source
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Switzerland’s southern city of Lugano will host a blockchain- and cryptocurrency-focused school as part of a partnership between the local government and Tether.In a Thursday announcement, Tether and Lugano said they will be launching the Plan ₿ Summer School in an effort “to bring blockchain and crypto education to the
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Hashdex, a Brazilian crypto asset manager, has been approved to list exchange-traded products (ETPs) on the SIX stock exchange in Switzerland. Source
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Neutral Switzerland may target crypto assets within its territory that belong to sanctioned Russian entities, a report has said. The report quotes an official who explains that the move is designed to protect the integrity of the country’s cryptocurrency industry. The official, however, warns that crypto-assets that are not stored
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“The idea for now is just for our clients to buy, sell and hold some of the most prominent DeFi tokens,” said Braud in an interview. “But we do believe traditional financial institutions will be replaced in the near future by these protocols, and we want to be part of
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On Wednesday, the Banque de France (BdF), the BIS Innovation Hub (BISIH), and the Swiss National Bank (SNB) announced the success of a pilot run of a wholesale central bank digital currency (wCBDC), titled Project Jura. The project aimed to investigate cross‑border settlement with euro and Swiss franc wCBDCs, and
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Bitcoin Capital, a subsidiary of Zug, Switzerland-based investment manager FiCAS, has listed actively managed exchange-traded products (ETPs) offering exposure to bitcoin and ether on the SIX Swiss Exchange.Through active management, the products are designed to counter the price volatility inherent in crypto assets, Bitcoin Capital said Thursday.The 1 FiCAS Active
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“That opens up a lot of opportunities, whether the issuer is in Asia and does it through ADX, or the issuer is in Europe and does it through us,” said Zeeb. “Perhaps at some point, there’ll be a link to the United States. Then you really have a global liquidity
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