The Swiss National Bank (SNB) has no plans to hold Bitcoin as a reserve asset, according to its president, Martin Schlegel. Speaking on March 1, 2025, Schlegel dismissed the idea of incorporating the world’s largest cryptocurrency into Switzerland’s official reserves, citing concerns over volatility and its lack of suitability (stability, liquidity, and security) as a monetary … [Read more...] about Swiss central bank rejects Bitcoin as reserve asset, citing volatility
Swiss city embraces cryptocurrency for municipal payments
In a landmark decision, the Swiss city of Lugano has officially begun accepting Bitcoin (BTC) and Tether (USDT) for tax payments and other municipal fees. This announcement marks a significant step towards integrating cryptocurrency into the city's financial infrastructure. … [Read more...] about Swiss city embraces cryptocurrency for municipal payments
Lugano to make bitcoin legal tender
The city of Lugano, Switzerland, will make bitcoin legal tender to allow citizens to pay for public service fees or taxes in cryptocurrency. … [Read more...] about Lugano to make bitcoin legal tender
Swiss Basler Kantonalbank to offer cryptocurrency investments
The bank clients will be able to store and trade digital assets via a subsidiary next year … [Read more...] about Swiss Basler Kantonalbank to offer cryptocurrency investments
Swiss SIX exchange launches ethereum-based ETP
Swiss exchange SIX Group adds a new financial instrument pegged to Ethereum, the second largest cryptocurrency. … [Read more...] about Swiss SIX exchange launches ethereum-based ETP
Crypto news in brief (December 4, 2018): TRON, FINMA, Trive Ventures, ErisX, Nasdaq
- TRON has launched TRON Accelerator, a $1 million USD program aiming to empower developers and start-ups to develop dApps based on TRON protocol - Switzerland’s FINMA has introduced a new fintech license with "relaxed requirements" that is applicable to blockchain and cryptocurrency-based firms - Singaporean venture capital firm Trive Ventures has launched blockchain … [Read more...] about Crypto news in brief (December 4, 2018): TRON, FINMA, Trive Ventures, ErisX, Nasdaq
Crypto news in brief (October 9, 2018): Forbes, Civil, Switzerland, Crypto Finance AG, UAE, IBM Food Trust, Carrefour
- Forbes will publish its content on a decentralized network - The Swiss Financial Market Supervisory Authority has issued the country’s first cryptocurrency asset management licence - The United Arab Emirates will permit ICOs as a fundraising method for domestic companies - IBM has launched blockchain-based food supply chain network … [Read more...] about Crypto news in brief (October 9, 2018): Forbes, Civil, Switzerland, Crypto Finance AG, UAE, IBM Food Trust, Carrefour
Crypto news in brief (September 23, 2018): South Korea, Switzerland, IBM, PNC, Ripple
- South Korea will increase government support for domestic blockchain companies - Switzerland has taken steps to help blockchain companies access the traditional financial system - PNC bank will use Ripple’s blockchain solution xCurrent to speed up international payments for its customers - Ripple could launch a commercial version of its payment platform xRapid "in the next … [Read more...] about Crypto news in brief (September 23, 2018): South Korea, Switzerland, IBM, PNC, Ripple