Category: switzerland

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Craig Wright & Deadlock, Randi Zuckerberg Gets a Crypto Task + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Craig Wright & Deadlock, Randi Zuckerberg Gets a Crypto Task + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Crypto Stamp Crashes Swiss Post’s Online Store With Launch Day Demand

Unexpectedly high demand for Switzerland’s first crypto stamp has created headaches for the national postal service. Swiss Post announced it had to deal with technical issues when numerous orders hit its online shop all at once on the day the innovative offering was made available. Demand for First Crypto Stamp Overwhelms Swiss Post’s Online Store…
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Bitcoin briefly flippens Swiss franc after rally to new ATH

The crypto asset’s market capitalization overtook the Russian ruble in February after a major announcement from car manufacturer Tesla. After hitting a new all-time high price approaching $67,000 earlier on Wednesday, the market capitalization of Bitcoin briefly surpassed the total market cap of the Swiss franc. According to data from Fiatmarketcap, Bitcoin’s market cap was…
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Swiss think tank initiates vote to add Bitcoin in federal constitution

Successful or not, the vote will bring crypto education to people who are not yet Bitcoin-savvy, 2B4CH founder said. 2B4CH, a Swiss non-profit think tank assisting the state in exploring cryptocurrencies like Bitcoin (BTC) and blockchain technology, is launching an initiative to potentially make Bitcoin one the country’s reserve assets. On Oct. 8, the association…
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Swiss Exchange SIX granted approval to launch crypto marketplace

The Switzerland financial authority has today given the green-light for the launch of a digital asset marketplace utilising DLT. The Swiss Financial Market Supervisory Authority, or FINMA, have today announced their approval for regulated Swiss exchange SIX to launch a digital asset marketplace and central securities depository built on distributed ledger technology. Initially intent on…
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Swiss Sygnum Bank to offer custody for Internet Computer token

Major Swiss crypto bank Sygnum is planning to launch options trading for the ICP token at a later date. Switzerland-based cryptocurrency bank Sygnum is launching custody and banking services for Internet Computer (ICP) utility tokens. Sygnum announced on Tuesday that ICP holders will be able to deposit their tokens with the bank’s institutional-grade segregated wallets. The…
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Swiss banking giant UBS to reportedly offer rich clients crypto investments

Crypto investment offerings for wealthy clients will be limited to a small fraction of their portfolios due to the volatility of the asset class, sources say. UBS Group AG is exploring various ways to offer its wealthy clients the possibility of investing in digital assets, anonymous sources claim. A new report from BNN Bloomberg suggests…
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Lockheed Martin adopts blockchain for supply chain management in Switzerland

The defense contractor has secured access to SyncFab’s supplier intelligence platform to help manage OEMs in Switzerland. United States aerospace and defense contractor Lockheed Martin has signed an agreement with SyncFab, a Silicon Valley distributed manufacturing platform, to streamline supplier capabilities across Switzerland, offering yet another tangible use case for blockchain technology.  Under the new…
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CoinShares launches physically-backed Litecoin ETP

Major European digital asset investment firm CoinShares has launched its third physically-backed ETP in 2021. European digital asset manager CoinShares continues to actively expand its physically-backed cryptocurrency exchange-traded product offering with a new Litecoin (LTC) ETP. According to an April 6 announcement, CoinShares has launched its CoinShares Physical Litecoin. Listed under the ticker symbol LITE,…
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