Today in Crypto: Elon Musk Accused of DOGE-Related Insider Trading, Xapo Integrates with the Single Euro Payments Area Network, US CFTC Mulls Rules Change to Include Crypto Risk
17:00 Today in Crypto: Bank of England to Reject Revolut's Banking Licence Application, ASX Abandons Blockchain, HashKey to Raise Funds at $1BN Valuation, Ledger Co-founder Calls Recover Service Launch a 'Horrible Mess'
20:30 Cambridge Study Reveals Ethereum's Lifetime Energy Use Before Merge on Par with Switzerland's Annual Consumption
Google Trends Data Shows Bitcoin Search Interest Surged This Week Amid 10-Month Price High According to worldwide data from Google Trends, the search term “bitcoin” has reached a score of 93 out of 100 in the last seven days. Additionally, the price of bitcoin rose above the $30,000 range for the first time in ten months, or since June 2022. Bitcoin Search Interest Rises as Leading Crypto Asset Taps […]
Today in Crypto: Police Looking for the Killer of MobileCoin Exec Bob Lee, MicroStrategy Acquires Additional 1,045 BTC, Fashion Giant Ralph Lauren Enables Crypto Payments in Miami Store
Swiss Government-Owned Bank to Grant 2.5 Million Users Crypto Capabilities via New Partnership – Crypto Adoption on the Rise? Image Source: Pixabay Major Swiss bank PostFinance has partnered with digital asset services provider Sygnum Bank to offer cryptocurrency trading and storage services for its customers. As part of the partnership, the Swiss state-owned bank will provide its 2.5 million customers access to buy, sell, and store Bitcoin and Ethereum, two of the world's largest […]
UBS Group doubles offer and acquires Credit Suisse for $2B Swiss authorities agreed to change the country's regulations to bypass a shareholder vote and announce the deal over the weekend. News Own this piece of history Collect this article as an NFT UBS Group doubled its initial offer and agreed to buy its competitor Credit Suisse for nearly $2 billion on March 19, in a […]
Mt Pelerin Crypto Exchange Adds Support For Bitcoin Lightning Network Mt Pelerin, a Swiss-based cryptocurrency exchange, has announced new support for the Bitcoin’s Lightning Network on their app. The press release sent to Bitcoin Magazine describes how “users can now get Bitcoin directly on the Lightning network easily, by card or bank transfer, spend, receive and manage their sats with Mt Pelerin’s mobile app Bridge […]
Swiss bank Cité Gestion tokenizes its shares Swiss bank Cité Gestion is collaborating with digital assets company Taurus to tokenize its shares and expand its presence in the blockchain-based payment industry. Cité Gestion, an independent Swiss private bank since 2009, has implemented Taurus technology to tokenize its shares to offer its shareholders additional features and enhanced encryption. Tokenization refers to converting traditional […]
Switzerland Less Affected by Crypto Industry Crisis, Study Finds 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 […]
Swiss web3 project raises $8.5m from Circle and others to launch blockchain bonds Obligate (formerly FQX) has raised $8.5 million from Circle Ventures, Blockchange Ventures, SIX Fintech Ventures, and others in a seed extension funding round. The capital will enable Obligate to launch its blockchain-based bonds and commercial paper issuance platform for companies. Despite the devastating crypto winter, which has already wiped out more than $2 trillion from […]
Bitcoin Suisse explains why Swiss is a crypto pivot point: Davos 2023 Switzerland is a “pivot point” for crypto adoption in Europe and continues to be the “center point of the next stage of institutionalization," said Dr. Dirk Klee, CEO of Bitcoin Suisse. The CEO divulged why Switzerland is still the top spot for crypto in Europe and will continue to attract institutional investors in an exclusive […]
Ripple CEO: XRP lawsuit resolved by June, SEC conduct 'embarrassing' Ripple CEO Brad Garlinghouse expects the firm’s long-running dispute with the 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 World Economic Forum in Davos, Switzerland, Garlinghouse said the verdict could come as soon as June this year […]
You Can Now Live In This Swiss City Solely On Bitcoin If you’ve ever sought to live entirely on bitcoin, look no further than Lugano Switzerland. The Plan ₿ foundation recently took to Twitter to announce a new map which showcases the hundreds of merchants across the city that accept bitcoin. “Now you can live in Lugano just using Bitcoin!,” the tweet read. “Find out all […]
The Netherlands tops new survey as the most metaverse-ready country The metaverse and digital reality experiences are barreling toward consumers, whether they are ready or not. However, there are certain places in the world that are more ready to embrace a digital future from a technological standpoint. A new study by Uswitch, an internet and telephone service researcher, looked at a combination of fixed broadband […]
Crypto Enterprise Copper Technologies Begins Operating in Switzerland Copper Technologies – a crypto firm that employs former United Kingdom Chancellor Philip Hammond as its adviser – has encountered some difficulties whilst trying to operate in its home country. As a result, the company has withdrawn its application to expand in the UK. Copper Technologies Is Leaving the UK Copper had trouble when gaining […]
Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements 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 […]
Switzerland's financial regulator extends reporting requirements for crypto transactions 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. In a Nov. 2 notice, the Switzerland financial regulator said it would enforce a threshold of 1,000 Swiss francs — roughly $997 at the time of publication — […]
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
Urban Angehrn: We Can Do So Much More to Protect BTC Investors Urban Angehrn – the CEO of the Swiss Financial Market Supervisory Authority (FINMA), the top financial watchdog of Switzerland – says that there is a lot more the country and other nations can be doing to protect crypto and bitcoin investors. Urban Angehrn on the State of Crypto Regulation At the time of writing, many […]
Switzerland-based crypto mining firm expands operations to Texas White Rock Management, a cryptocurrency mining company based in Switzerland, said it will be expanding its operations to the United States, starting with Texas. In a Tuesday announcement, White Rock said it will be partnering with Natural Gas Onsite Neutralization, or NGON, a company that captures natural gas that would otherwise be burned and converts […]
Tether is ‘instrument of freedom’ and 'Bitcoin onramp,’ says Bitfinex CTO On a sunsplashed day in the Swiss Alps, the CTO of Bitfinex and Tether, Paolo Ardoino shed light on the Plan B Lugano strategy, Tether as an onramp into Bitcoin (BTC) and–crucially–his favorite pizza toppings. Fresh off the plan from Norway, where Ardoino attended an increasingly Bitcoiner-friendly event, the Oslo Freedom Forum, the Italian explained […]
WEF 2022: Blockchain and digitization to take center stage at Davos The annual meeting of the World Economic Forum (WEF) is scheduled to take place from May 22–26, marking the first in-person WEF global leadership event since the pandemic began. The annual meeting was first scheduled for January but was later turned into a virtual event in light of growing COVID-19 infections during the winter. The […]
Plan ₿ Summer School For Bitcoin Business Opens This July Plan ₿ summer school is an opportunity for those interested in bitcoin and business to learn the ins and outs of the ecosystem and developing real world solutions. Plan ₿ summer school begins July 3-16 and seeks to teach students the fundamentals of Bitcoin and business. Classes taught by industry experts will be held in […]
Swiss Bank Julius Baer To Offer Bitcoin, Crypto Services Zurich-based Julius Baer Group will begin offering bitcoin and other cryptocurrency products and services to its clients. Julius Baer Group, a Swiss private bank, will begin offering bitcoin and other cryptocurrency products to high-net-worth individuals. Julius Baer explained we are likely witnessing a bubble similar to the dot-com burst which birthed a new industry. The […]
