Switzerland-based fund manager Compass Financial Technologies has launched an index for 10 Decentralized Finance (DeFi) tokens dubbed the “Compass Crypto Basket Fundamental DeFi Index” (CCBFDEFI). The...
Tag: swiss
Tether & The Swiss City Of Lugano Promise “Europe’s BTC Capital.” Is It, Though?
What’s “Lugano’s Plan B”? The 9th biggest city in Switzerland plans to become Europe’s Bitcoin city. And Tether is there to help. How will the two entities accomplish that? On March 3rd, Tether’s Pao...
Credit Suisse AML Lawsuit Will Determine Future of Swiss Banking Rules
The trial of Credit Suisse in Switzerland court for allowing a Bulgarian drug trafficker to launder illicitly gained money has started on Monday. It is the first criminal trial of a Swiss bank and the...
More gains likely ahead of Swiss jobs data
The USD/CHF price continued its bullish trend on Monday morning as investors focused on the strong American jobs data. The pair is trading at 0.9261, which is about 0.92% above the lowest level last w...
21Shares Launches Three New Crypto ETPs on BX Swiss Stock Exchange
21Shares AG, a Swiss-based fintech firm, announced the listing of three new cryptocurrency ETPs (Exchange Traded Notes) on the BX Swiss stock exchange to allow investors to invest in Aave, Chainlink a...
Swiss Privacy Startup Nym Technologies Unveils Public Launch of Its Nym Token
February 2, 2022 – Neuchâtel, Switzerland Crypto-powered privacy solution, Nym Technologies, has announced that its native token NYM is now live on the mainnet and is ready for its official public lau...
21Shares Adds Aave, Chainlink, and Uniswap ETPs on BX Swiss
21Shares AG – a Switzerland-based investment product issuer – announced the listing of three new cryptocurrency exchange-traded products on the BX Swiss. Aave, Chainlink, and Uniswap are respectively ...
Trading Turnover on SIX Swiss Exchange Hits CHF 122.1 Billion in January
With a trading turnover of CHF 122.1 Billion in January 2022, the SIX Swiss Exchange witnessed a month-on-month spike of approximately 23.2%. The exchange also saw a sharp increase in the total number...
Credit Suisse to Defend $45M Penalty Order in Swiss Court
Swiss federal prosecutors are seeking around 42.4 million Swiss francs ($45 million) in penalties from Credit Suisse for its involvement in serious anti-money laundering breaches. The trial against th...
Swiss Bank UBS to Acquire Wealthfront
The Swiss multinational investment bank and financial services provider, UBS recently announced that it is planning to acquire Wealthfront, a prominent automated wealth management firm focused on the ...
Bitcoin vault converted by Swiss ‘Unicorn’ banking app
Bitcoin vault converted by Numbrs which is a rare Swiss FinTech unicorn Two million user applications have been deactivated by the app in a strategic change Users have access to the private keys of t...
‘The risks outweigh the benefits’ of a Swiss CBDC, says SNB governing board member
Andréa Maechler, a member of the governing board for the Swiss National Bank, or SNB, has reportedly altered her position on the central bank issuing a digital franc. According to a Tuesday report fr...
Swiss National Bank partners with five banking giants to test CBDCs
The Swiss National Bank has worked with some leading financial institutions globally to look into central bank digital currencies (CBDCs). Through this partnership, the institution successfully integr...
Swiss starts CBDC trials featuring the national bank
TL;DR Breakdown The Swiss National Bank has announced the beginning of testing their CBDC with five banks to determine its interoperability. The CBDC tests aim to determine how the coin will function ...
Swiss National Bank Trials CBDC in Transactions With Five Banks – Finance Bitcoin News
The Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks, the monetary authority announced. The tests are part of an experiment carried out ...
Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition – Finance Bitcoin News
The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with ser...
Swiss National Bank, Citigroup, and Goldman Tested a Joint CBDC Project: Report
The Swiss National Bank (SNB), together with five other banking giants, have reportedly tested whether they can process central bank digital currencies within the nation’s financial network. The insti...
Swiss central bank trials wholesale CBDC with BIS and commercial lenders
advertisement The Swiss National Bank (SNB) has successfully tested the integration of a wholesale central bank digital currency (CBDC) settlement with commercial banks. According to an announcement b...
Swiss central bank tests wholesale CBDC with commercial partners
Switzerland took another step to clarify the roadmap for integrating central bank digital currencies (CBDC) into the current financial system. The Swiss National Bank (SNB), the country’s centr...
Swiss Bank Seba Predicts Bitcoin Could Hit $75K This Year Boosted by Institutional Investors – Markets and Prices Bitcoin News
Regulated Swiss bank Seba has predicted that the price of bitcoin could reach $75K this year. “Institutional money will probably drive the price up,” said the bank’s CEO. Seba Bank’s Bitcoin Price Pre...
Owner of Russian bank Tinkoff acquires Swiss digital asset firm
TCS Group, the owner of the major private Russian bank Tinkoff, is gaining exposure to digital assets. The firm has invested in Swiss digital asset service provider Aximetria, which is set to become t...
Bitcoin Might Reach $75,000 in 2022 on Internal Valuation Models: Swiss Bank CEO
Tomiwabold Olajide Swiss Bank CEO says internal valuation models see Bitcoin rising to $75,000 in 2022 Swiss Bank SEBA CEO Guido Buehler says his firm’s models see Bitcoin rising to $75,000 in 2...