Shaurya Malwa · 4 mins ago · 2 min read
Swiss committee proposes banks hold a dollar for every dollar in Bitcoin exposure
Basel regulators said today that banks face the “most risk” from Bitcoin and other cryptocurrencies as they are tools for money laundering and a threat to the broader financial market.
Swiss bank UBS ponders offering Bitcoin investments to wealthy clients
Major Swiss investment banking company UBS is currently in the “early stages of planning” to offer its rich clients some options to invest in cryptocurrencies, knowledgeable sources told Bloomberg today.
A Litecoin (LTC) ETP just launched in Switzerland
Litecoin, the world’s ninth-largest cryptocurrency by market cap, will soon see an institutional listing in the form of an exchange-traded product (ETP) in Switzerland, as per a press release by crypto investment firm CoinShares today.
Polkadot (DOT) price breaks new all-time high ahead of ETP launch
The price of Polkadot (DOT) reached a new all-time high of $21.13 ahead of the first DOT-based exchange-traded product (ETP) going live tomorrow.
World Economic Forum to host cryptocurrency discussions at Davos this week
The International Organization for Public-Private Cooperation has been vocal about its stance on the burgeoning crypto market.
This Swiss bank is now staking Tezos (XTZ) for its clients
Switzerland-based crypto bank Sygnum has become the world’s first regulated financial entity to launch a staking service for a major cryptocurrency, it announced in a post on Friday.
This Swiss bank is now paying out Bitcoin yield to account holders, but there’s a catch
Innovative Bitcoin products are not falling short of delivering this year, with institutional firms notching up one crypto product or other.
SIBEX makes decentralized cross-border OTC a reality
SIBEX, the Swiss-based decentralized OTC trading software is increasing traction and volume from OTC traders all around the world since the platform went live in late April.
Swiss blockchain startup launches privacy testnet to resist NSA-level surveillance
Nym Technologies, a Swiss blockchain startup, has invited users to install mix-nodes and test the company’s privacy-preserving mixnet.
Davos opens new doors for Cardano (ADA), several partnerships in the works
This year’s World Economic Forum in Davos has opened many new doors for Cardano.
Facebook requests Swiss FINMA license regulatory pushback
The Libra Association announced that it will pursue a payment system license under the Swiss Financial Market Supervisory Authority’s (FINMA) supervision.
Ethereum Foundation distributes $2 million in grants to accelerate “imminent” ETH 2.0 launch
The Ethereum Foundation announced grants worth more than $2 million aimed at bolstering the development of Serenity, Ethereum’s long-awaited—but apparently “imminent”—scaling upgrade, ETH2.
Why Switzerland’s Biggest Retailer Accepting Bitcoin is Crucial For Adoption
Digitec Galaxus AG, Switzerland’s biggest online retailer with nearly a billion dollars in annual revenue, has integrated various crypto assets including bitcoin as a payment option.
Energy Web Foundation’s Clean, Green, Energy Blockchain Platform [Interview]
Prior to the launch of Ethereum, a faction of its principal founders banded together with seasoned policy professionals, energy sector executives, and academics to explore meaningful use cases for blockchain in energy, a sector they concluded could benefit from the nascent technology.
Stablecoins: Are They All Hype?
With cryptocurrency’s inherent uncertainty, users are searching for something that could bring back much-needed stability and mitigate price fluctuations.
New Legal Framework in Switzerland Gives Boost to Blockchain
The Swiss State Secretariat for International Finance (SIF) announced the Federal Council’s adoption of a recent report—Legal Framework for Distributed Ledger Technology and Blockchain in Switzerland—and expressed their intent to assist in developing laws for new technologies, specifically distributed ledger technology and blockchain innovation.
Swiss Stock Exchange Leads the Way with World’s First Multiple-Crypto Exchange-Traded Product
In a groundbreaking move, SIX, Switzerland’s leading stock exchange with a $1.6 trillion market capitalization, has given the thumbs-up to the world’s first multiple-cryptocurrency-based Exchange-Traded Product (ETP).