Switzerland
Swiss National Bank Rejects Calls to Add Bitcoin Reserves
In comments Friday, SNB President Martin Schlegel said holding bitcoin raises liquidity and volatility risks for Switzerland.
Boerse Stuttgart’s BX Digital Receives FINMA Approval for Digital Asset Trading
The platform, utilizing Ethereum’s blockchain, aims to streamline transactions for tokenized financial instruments and enhance capital market efficiency.
FCA-Regulated Crypto Trading Firm Portofino Technologies Sees Staff Exodus
Co-founder Alex Casimo and CFO Jae Park were fired in July, which triggered a number of departures from the market making firm.
Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider
The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.
Switzerland’s Fourth-Biggest Bank ZKB Offers Retail Customers Bitcoin and Ether
ZKB’s new service also allows other Swiss banks to offer customers the trading and custody of cryptocurrencies, with Thurgauer Kantonalbank being the first partner bank to use the service.
Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says
FINMA's guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers' deposits.
Sygnum's First-Half Spot Crypto Trading Doubles, Derivatives Increase 500%
The surging trading volumes helped the bank reach profitability for the first time.
Swiss Regulator Shutters Crypto-Linked FlowBank, Begins Bankruptcy Process
FINMA announced Thursday that FlowBank’s minimum capital requirements were found to have been “significantly and seriously breached.”
BCB Group Moves Custody of Digital Asset Operations to Metaco’s Platform
The move will allow the crypto payments firm to consolidate its custody technology.
21Shares Lists ETP for Staking Telegram-Endorsed Token TON
The 21Shares Toncoin Staking ETP (TONN) listed on Swiss SIX Exchange on Wednesday.
