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Swiss SIX Receives Regulatory Approval to Launch Digital Token Exchange

Swiss SIX Receives Regulatory Approval to Launch Digital Token Exchange

Switzerland’s SIX Digital Exchange (SDX) is launching its digital asset market that is open to firms seeking to list their securities for traders and inverts to acquire shares of the underlying companies.

Switzerland’s Sygnum Crypto Bank Launches Swiss Franc-Backed Stablecoin to Facilitate Trading of Financial Assets

Switzerland’s Sygnum Crypto Bank Launches Swiss Franc-Backed Stablecoin to Facilitate Trading of Financial Assets

Sygnum, a Swiss-based crypto bank, has launched a fiat-based stable coin, DCHF token, tied to the Swiss Franc, in an effort to increase transaction efficiency by enabling faster payment when trading financial assets.

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks have increased their interest in cryptocurrencies. Many of them have decided to join the cryptocurrency market, either by offering investments in cryptocurrency or by exploiting the capabilities of blockchain technology, which is already used in various areas with financial services.

Hong Kong is the Most Crypto-Ready Economy, Study Shows

Hong Kong is the Most Crypto-Ready Economy, Study Shows

Crypto adoption in Hong Kong is going to expand, as the city has emerged as the readiest country/ region to embrace digital assets era, according to a study by trading platform Forex Suggest.

Road to a US CBDC? Ex-CFTC Chairman Released Written Remarks on Digital Dollar in Davos 2020

Road to a US CBDC? Ex-CFTC Chairman Released Written Remarks on Digital Dollar in Davos 2020

Davos 2020 to host ex CFTC Chairman, J. Christopher Giancarlo, and his insights on the possibility of CBDC and its many advantages!

Swiss Market Watchdog Approves First Regulated Crypto Fund for Investors

Swiss Market Watchdog Approves First Regulated Crypto Fund for Investors

The Swiss Financial Market Supervisory Authority (FINMA) has approved a launch of the first regulated cryptocurrency investment fund restricted only for qualified investors.

Swiss’ SEBA Bank Launches Regulated Custody Services for Blue Chip NFTs

Swiss’ SEBA Bank Launches Regulated Custody Services for Blue Chip NFTs

SEBA bank has expanded the reach of its crypto offerings with a new service dedicated to custody for NFTs

Binance Partners with Amun to Launch BNB ETP on Swiss SIX Exchange

Binance Partners with Amun to Launch BNB ETP on Swiss SIX Exchange

Cryptocurrency exchange Binance has partnered with Switzerland-based exchange-traded product (ETP) Amun to launch the Binance token (BNB) ETP. The BNB ETP is listed on the Swiss stock exchange, SIX under the ticker ABNB and is available for purchase through a bank or brokerage similar to a stock.

Fujitsu and Ricex Reveals World’s First Blockchain-Enabled Rice Trading Platform

Fujitsu and Ricex Reveals World’s First Blockchain-Enabled Rice Trading Platform

Fujitsu has revealed its collaboration with Rice Exchange (Ricex), a Switzerland-based startup, for the first-ever blockchain-powered rice trading platform. This move seeks to offer unparalleled traceability, efficiency, transparency, and security to the worldwide rice market worth a whopping $450 billion.

Singapore State Investor Temasek Joins Libra Association, Facebook’s Global Digital Currency Project

Singapore State Investor Temasek Joins Libra Association, Facebook’s Global Digital Currency Project

Singapore’s state investor, Temasek Holdings has officially been named a member of the Facebook-backed digital currency project Libra. Temasek as a portfolio value of 313 billion Singapore dollars (roughly $219 billion), making it one of the more prominent backers of Libra. The Libra Association, an independent group based in Switzerland has also welcomed crypto investor Paradigm and Slow Ventures, a private equity firm.

Crypto Valley Association: Establishing the World’s Best Ecosystem for Blockchain and DLT Businesses

Crypto Valley Association: Establishing the World’s Best Ecosystem for Blockchain and DLT Businesses

On a mission to develop the world’s best ecosystem for blockchain and distributed ledger technology, the Crypto Valley Association (CVA) is an independent organization based in Zug Switzerland, supported by the government. With over 1500 members in over 56 countries, the association has been supporting the needs of startups and connecting players in the industry to build a cohesive ecosystem.

Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

Most European Regulators Have Scrutinized Facebook's Libra, Except One: Who’s the Odd One Out?

Made up of more than two dozen companies and based in Geneva, a few of the founding members, including PayPal, Mastercard, Visa, Stripe, Booking Holdings, and eBay, decided to leave the Libra project. A five-member board governance board was formed after the Libra Association reaffirmed its commitment by holding its inaugural meeting in Geneva, Switzerland, on Oct. 14.

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