Switzerland
Former ConsenSys AG Employees Take Equity Court Case Against Founder Joseph Lubin to U.S.
The 27 allege Lubin robbed them of equity in the Swiss company by transferring core assets to a U.S. entity.
Market Maker KeyRock Secures Swiss Anti-Money Laundering Clearance
KeyRock has received Swiss regulatory clearance from a government-approved standards body, according to a Tuesday statement by the company. Keyrock CEO Kevin de Patoul weighs in on the state of crypto regulation in Switzerland compared to the U.S. "We are very happy to abide by the strictest of rules, but we also want to know that those rules are not going to change every six months," de Patoul said.
Market Maker KeyRock Secures Swiss Anti-Money Laundering Clearance
The Brussels-based crypto firm joins the likes of BitGo in being approved by standards body VQF.
Deutsche Bank to Delve Into Crypto Custody, Tokenization With Taurus
Deutsche Bank will use Taurus’ custody and tokenization technology to manage cryptocurrencies, tokenized assets and digital assets.
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.
Crypto Bank Seba Wins In-Principle Approval to Operate in Hong Kong
Approval is the first step in acquiring a full license for Seba Hong Kong to deal in crypto or virtual assets-related products and traditional securities.
Ripple Exec on CBDC Platform, Metaco Acquisition
Blockchain firm Ripple is launching a central bank digital currency (CBDC) platform that allows central banks, governments, and financial institutions to issue their own digital currency. James Wallis, Ripple Vice President of Central Bank Engagements and CBDCs, joins "First Mover" to discuss the platform's services and the firm's recent acquisition of Swiss-based crypto custody provider Metaco for $250 million.
FTX Free to Explore Sale of Europe Arm, Swiss Court Decides
The firm said FTX Europe AG, the holding company of its European business, filed a petition for a Swiss moratorium proceeding, which was granted on Tuesday.
Swiss Regulator: Switzerland Faced a Bank Run if Credit Suisse Was Allowed to Go Bankrupt
Swiss regulator FINMA said Wednesday that allowing embattled lender Credit Suisse to file for bankruptcy could have resulted in deposit runs at other banks in Switzerland. FINMA and the Swiss National Bank brokered UBS’ takeover of Credit Suisse for 3 billion Swiss francs ($3.3 billion) in a deal announced on March 19. "The Hash" panel discusses the larger implications for the Swiss banking system.
Swiss Government-Owned Bank PostFinance to Offer Customers Crypto
PostFinance will begin offering its 2.5 million customers access to buy, store and sell bitcoin and ether, thanks to a partnership with Switzerland’s Sygnum Bank.
