Places Switzerland

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. Switzerland: Blockchain Safe Haven? In a Dec. 14th press release, the Swiss […]

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). As reported by the Financial Times Nov. 17, the Amun Crypto ETP will debut next week on Switzerland’s 168-year-old stalwart equity market with a basket of crypto-assets including […]

Cryptocurrency transactions are getting a policy makeover in Taiwan after the country’s top financial watchdog agreed to curb illegal transfers and crackdown on those in violation of the law. Taiwan’s Crackdown As reported by Asia Times on Nov. 5, Taiwan’s Financial Supervisory Commission (FSC) has received full authority to exercise power on virtual currency transactions. […]

Swiss watch company Hublot announced Sept. 19th that it will be releasing a special limited edition of its Big Bang line of watches that you’ll only be able to purchase with Bitcoin. According to the announcement on Hublot’s website, the special edition watch is being released to celebrate the 10th anniversary of Bitcoin, as well […]

Tiberius Group AG, a Swiss asset management company is launching a cryptocurrency backed by seven precious metals, in a first-such-instance. The company handles over $350 million in investor assets and is one of the largest equity funds in Switzerland. Gold Crypto As reported by Bloomberg on Sept. 27, the company will issue the aptly-branded Tiberius […]

A Swiss cryptocurrency startup has raised over $103 million from private investors to build a crypto bank, reported Reuters on Sept. 27. Providing Banking to Crypto The parent company, SEBA Crypto AG, aims to provide financial services to cryptocurrency businesses across the globe, circumventing the problematic legislation and internal policies that most crypto-firms face while […]

CoinAlpha, a Mountain View-based startup using blockchain technology to create the next wave of transparent, efficient, and secure financial products, recently closed a $3.5 million seed round. Already involved with StartX, Stanford University’s accelerator program, other participants in the round included Bain Capital Ventures, SharesPost Investment Management, Alpha Startups, and Ironfire Ventures. On a mission […]

Cloud computing giants Amazon Web Services and Salesforce may soon face blockchain-based competition that aims to trifle their dominance with a decentralized, cheaper alternative. Dfinity’s Web 3.0 Push Dfinity, a Switzerland-based blockchain startup, has secured $102 million in funds from venture capitalist firm Andreessen Horowitz (A16Z) and crypto fund Polychain Capital to support its “world computer” […]

The CEO of Switzerland’s largest stock exchange, Thomas Zeeb, speaks on the bourse’s latest strategic decision. Last week, SIX Trading made waves after announcing intent to offer cryptocurrency trading to institutional investors. While the news sparked a bounce in the prices of several digital currencies, Zeeb is back with new statements on the topic. As […]

The State Bank of Vietnam (SBV), the East Asian country’s central bank, announced on July 19, 2018, the import of cryptocurrency miners to the nation is indefinitely suspended.

Famously touted as the “Crypto Valley,” the Swiss city of Zug is losing sheen in favor of other cities and jurisdictions as cryptocurrency startups reportedly face difficulties in administration and governances in the European country. Switzerland Faces Brain Drain As reported by Reuters on July 19, 2018, cryptocurrency projects based in Switzerland are feeling the […]

On July 6th, 2018, SIX, the owner and operator of the Swiss stock exchange, revealed plans to launch a fully regulated cryptocurrency exchange.

Almost 500,000 Swiss citizens voted in favor of a financial system based on the fundamentals of Bitcoin. While the referendum was not enough to bring change, the radical campaign won about 25% of all votes in favor of overturning Switzerland’s economic system. Intended to make the financial system more robust, the Sovereign Money Initiative — or […]

For decades, Switzerland was synonymous with secretive banking practices and personalized accounting strategies. However, laws and cultural norms have brought Swiss banks back in line with traditional disclosure sentiments espoused by other banks. As a result, the Swiss banking system is in decline. The number of banks in Switzerland dwindled from well over 300 to […]

Love it or hate it, TRON is one of the fastest moving projects in the cryptocurrency market lately. The controversial project has captured significant gains over the last week, rising from just over $0.04 to $0.072 due to the launch of the TRON testnet combined with an impending 30 Million TRX airdrop worth $1.7 million, […]