Switzerland


Finance

Swiss Arm of Russia's Gazprombank Launches Institutional Bitcoin Offerings

Gazprombank (Switzerland) has been authorized by FINMA to launch institutional cryptocurrency services in Switzerland.

canadastock/Shutterstock

Finance

The Crypto Firms Collaborating on a Swiss Franc Stablecoin

“Coopetition” is an ungainly term at the best of times. But it appears that’s what’s happening among Swiss stablecoin issuers.

Swiss francs (Claudio Schwarz | @purzlbaum/Unsplash)

Policy

Swiss Canton Zug to Accept Taxes in Bitcoin, Ether From Next Year

Citizens and companies in Zug will be able to pay up to $109,000 of their tax bill in either bitcoin or ether starting next February.

Zug, Switzerland

Markets

Crypto Bank Hopeful Bitcoin Suisse Raises $48M in First-Ever Round

Bitcoin Suisse said some of the funding will go to new product offerings if its banking license applications are successful.

Zug, Switzerland

Markets

Swiss Bank InCore Enables Euro On-Ramp for Crypto Exchange Kraken

The move comes at a time when traders are seeking alternative sources of capital value during an "uncertain macroeconomic climate."

Geneva, Switzerland

Policy

Swiss Government Makes Moves to Encourage Crypto Businesses

The Swiss government is making key legislative changes to financial laws to improve legal conditions for blockchain businesses.

Swiss parliament building (Shutterstock)

Markets

$103M Bailout Denied for Coronavirus-Hit Firms in Switzerland's 'Crypto Valley'

The finance director of Switzerland's "Crypto Valley" has been denied a request for extra assistance for blockchain and crypto startups affected by coronavirus funding drought.

Zug, Switzerland

Finance

Ex-CFTC Chair Chris Giancarlo Joins Swiss Effort to Fund COVID-19 Relief Projects

Led by Swiss crypto exchange Lykke, a $200,000 initiative to fund tech-driven COVID-19 relief projects has tapped ex-CFTC chair Chris Giancarlo as its advisor.

Chris Giancarlo speaks in Davos, Switzerland, on the sidelines of the 2020 World Economic Forum.

Markets

Crypto Native SEBA Bank Offers Asset Tokenization Service With TokenSoft Tie-Up

SEBA Bank is tapping TokenSoft's new European distributor to create a bespoke asset tokenization service.

Swiss bridge (Shutterstock)

Markets

TokenSoft Expands Security Token Services to Europe With New Swiss Entity

Security token platform TokenSoft is expanding its services to Europe using a new Swiss entity, licensing its software through a local partner.

Tokensoft CEO Mason Borda