While the global industry built around digital assets is losing funds and jobs are dropping off, Switzerland seems to be weathering the storm relatively well, one piece of research claims. In fact, more crypto companies settled in the country during the past turbulent year than those that left it, or the business altogether. Crypto Valley…
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Ripple CEO Brad Garlinghouse said the firm’s XRP lawsuit could come to an end within “single-digit months.” Ripple CEO Brad Garlinghouse expects the firm’s long-running dispute with the U.S. Securities Exchange Commission (SEC) will be finalized within “single-digit months” and remains confident in securing a favorable outcome. Speaking to CNBC on Jan. 18 at the…
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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: Today in Crypto: Coinbase Halts Japan Operations, Digital Currency Group is Suspending Quarterly Dividends, Amber Group is Slashing Costs and Jobs Read more »Sign up for e-EUR – the progressive stablecoin
The number of crypto ATM machines in Australia has hit new highs over the past four months, surpassing El Salvador, the country where Bitcoin (BTC) is legal tender. What’s more, two other countries overtook El Salvador: Spain and Poland. Per Coinatmradar.com, the top 3 countries by the number of installed crypto ATMs are the US,…
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The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain trading platforms. It also clarified certain reporting and identification requirements that apply to crypto transactions. Financial Authorities Adjust Swiss Anti-Money Laundering Rules Concerning Crypto Transfers Following consultations that started earlier this year, the Swiss Financial…
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FINMA said it stood by an AML ordinance requiring identity checks for transactions of virtual currencies to cash or “other anonymous means of payment” exceeding 1,000 Swiss francs. The Swiss Financial Market Supervisory Authority, or FINMA, has announced it will be extending an anti-money laundering ordinance which requires identity checks for reporting certain crypto transactions.…
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The new mobile wallet, called Bitkit, was unveiled at the PlanB Forum conference in Lugano, Switzerland on Oct. 29. Bitcoin and Lightning Network service provider Synonym has launched a new BTC-focused mobile wallet it says could enhance the user experience for holders of the flagship digital currency — and broaden Web3 adoption without relying on…
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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: Crypto News Summary: Asian Banking Giant Joins Singapore’s CBDC Effort, Hong Kong to Launch Crypto ETF, Argo Blockchain May Be Forced to Shut Down Read more »Sign up for e-EUR –…
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As part of the agreement, El Salvador will establish a physical government presence in an effort to “foster cooperation with educational and research institutions.” Switzerland’s southern city of Lugano and El Salvador have signed an economic cooperation agreement based on crypto and blockchain. According to an Oct. 28 announcement from Lugano, the two pro-crypto jurisdictions…
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Seba Bank’s retail and institutional clients can now store tokens of Ethereum-based NFT collections like Bored Apes and CryptoPunks in the bank’s new custodial service. The decline of the nonfungible tokens (NFT) market doesn’t seem to be a problem for the Swiss cryptocurrency-focused bank Seba as the firm now allows its customers to store NFTs.…
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