swiss franc
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.
Swiss SIX Exchange Launches Bitcoin and Ether Exchange-Traded Product
Fintech firm, Amun and crypto custodian Bitcoin Suisse and announced today of the launch of its Swiss Franc denominated Amun Bitcoin Suisse BTC/ETH exchange-traded product (ETP). This ETP, a combination of Bitcoin and Ether, has gone live on the Swiss stock exchange, SIX.
Swiss Central Bank Announces its Central Bank Digital Currency Trial a Success
The digital franc trial entailed settling large scale transactions between financial institutions through an experiment dubbed Project Helvetia.
Morgan Stanley Chose This Year’s Best Safe Haven Asset—It’s Not Bitcoin
The Morgan Stanley analysts said that although the Japanese yen and the Swiss franc remain safe havens, their dynamics are shifting.
Worldline and Bitcoin Suisse to Revitalize Swiss Point of Sales with Crypto Usage
Worldline, a top European company in the payments and transactional services industry, has struck a deal with Bitcoin Suisse, a notable Swiss crypto financial services firm, to present crypto payment services to Swiss consumers and merchants both in-web shops and in-store.
Government-Owned Swiss Bank to Provide Custodial Services for Cryptocurrencies
With the readiness of government-backed Swiss bank, bank Basler Kantonalbank (BKB) to offer crypto custodial services, the financial service sector is an inch closer to driving mainstream adoption of blockchain technology
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.
Bank for International Settlements to Issue a PoC CBDC With the Swiss Central Bank Before the End of 2020
The Bank for International Settlements is set to issue a CBDC at the Proof of Concept stage in conjunction with the Swiss National Bank before year-end.
100 Million: You Can Apply Swiss New FinTech licence Permitting to Accept Public Deposits of Up to 100 Million Next Year
From 2019, interested parties can apply for the new FinTech licence. The Swiss Financial Market Supervisory Authority FINMA is responsible for granting this licence. It has published guidelines aimed at simplifying the application process.
Swiss Regulator Issues Banking Licenses to Two Blockchain Firms
The Financial Market Supervisory Authority (FINMA) in Switzerland has issued banking and securities dealers’ licenses to two new blockchain companies.
OmiseGO (OMG) Price Sees Three-Digit Gains, Bitcoin Loses Dominance
While Bitcoin’s price is struggling to maintain its $12,000 threshold, an altcoin has been making triple-digit gains, including the OmiseGO (OMG) Network.
Switzerland Parliament Blockchain Act Reform Validates Crypto and Digital Assets
The Swiss parliament has revamped and clarified legislation on blockchain technology and digital currencies activity in the country