Tagged: switzerland

Blockchain for Sustainable Development: UN Event Focuses on Public Benefit of DLT

This fall, a diverse group of global blockchain industry types will be convening at the United Nations to discuss the role of Blockchains for Sustainable Development or “B4SD.” While finance is deemed the hot sector of distributed ledger technology, the benefits of this tech may go… Read More

Institutional Trading Platform for Crypto Cryptalgo Holdings Partners with Blockchain Advisory Firm NKB Group

Cryptalgo Holdings AG, based in Zug, Switzerland, has partnered with blockchain advisory firm NKB Group to “address the growing demand from institutional investors for crypto trading, brokerage and asset management services.” Cryptalgo was founded by former Head of Derivatives Distribution for EMEA & LATAM at… Read More

Following Partnership with Hewlett Packard, Blockchain Startup Streamr Wins AutoBahn Global Innovation Award

Blockchain startup Streamr won the Plug and Play Global Innovation Award for Performance from innovation platform STARTUP AUTOBAHN part of an event in Stuttgart last week. Streamr won for their pilot project with Hewlett Packard Enterprise (HPE), which was established to drive data monetization. Streamr’s… Read More

Report: Switzerland Struggles to Maintain Crypto Prominence as Banks Turn Away from Emerging Sector

The emergence of cryptocurrency and initial coin offerings has helped to bring Switzerland back into the lime light when it comes to financial services. Once a noted haven for “numbered” bank accounts and strict anonymity rules, the Swiss banking industry has dimmed in recent years… Read More

Bank Software Provider Temenos Receives Recognition from Gartner for 9th Straight Year

Banking software providor Temenos (SIX: TEMN), was recently recognized by analyst firm Gartner, for its service for the 9th year in a row. Temenos was acknowledged  in the June 2018 report “Magic Quadrant for Global Retail Core Banking” (GRCB) – a document that assesses vendors based… Read More

#MetaHash Becomes First Cryptocurrency Recognized by Swiss Financial Market Supervisory Authority as a Payment Currency as ICO Commences

The #MetaHash team has announced that is has successfully been examined by the Swiss Financial Market Supervisory Authority (FINMA) which has officially concluded that the #MetaHashCoin (#MHC) will be recognized as money of general utility with payment functions. This is the first cryptocurrency to be… Read More

Huge: Operator of Swiss Stock Exchange Introduces SIX Digital Exchange for Digital Assets

  SIX, the operator of the Swiss Stock Exchange, has announced the launch of SIX Digital Exchange to trade digital assets. Zurich based SIX is controlled by an association of banks. SIX Group Ltd is an unlisted public limited company owned by around 130 domestic and… Read More

Blockchain Platform 20|30 to Test Issuance of Equity Tokens Under FCA Fintech Sandbox Guidance

Yesterday, the Financial Conduct Authority announced the next cohort of firms to be accepted into its Fintech Sandbox program. Within this group is a good number of crypto / blockchain. One of these firms, 20|30, will commence test initial coin offerings that will be equity… Read More

Switzerland’s Sovereign Money Referendum Suggests It’s Time to Rethink the Fed

On June 10th, Swiss voters took to the polls to decide whether the country should switch to a so-called sovereign money system. Those supporting the measure felt it would make the financial system safer by preventing bankers from recklessly lending and putting people’s savings at… Read More

Crypto Valley Association Adds Strategic Partner BDO Switzerland & Preps for Blockchain Conference: The Hills Are Live with the Sound of Crypto

The Crypto Valley Association (CVA), a global blockchain and cryptographic technology ecosystem, has partnered with BDO Switzerland, one of the country’s leading providers of auditing, accounting, tax and advisory services. “We are delighted to welcome BDO as a Strategic Partner. The development of blockchain technology is adding… Read More

Mulling an ICO? Look Beyond Glitzy Ads, Ask Tough Questions

  It’s fair to say there’s been a huge swell of investor interest in Initial Coin Offerings (ICOs) – from crypto enthusiasts and retail investors, increasingly through even to institutions. These ‘token sales’, involving  the sale of newly minted coins based on Ethereum, saw businesses… Read More

Crypto Fund AG Receives Swiss FINMA Approval

Crypto Finance has received regulatory approval from Swiss regulators. The Swiss Financial Market Supervisory Authority (FINMA) has reportedly given its seal of approval for the Crypto Fund AG – the first in Switzerland. The creation of the Fund was announced earlier this year. It is a… Read More

Willkommen: Hypothekarbank Lenzburg AG is First Swiss Bank to Provide Crypto Firms Business Accounts

There is an element of irony that Switzerland is one of the most cryptocurrency focused and forward thinking countries in the world, yet it remains a challenge for blockchain based companies to establish a bank account in the Alpine nation. This week, that changed as Hypothekarbank… Read More

Avaloq Collaborates with IBM to Build a Private Swiss Banking Cloud

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced earlier this week it has formed a partnership with IBM to build a private “Swiss Banking Cloud” and to transform its IT service delivery model leveraging IBM’s Infrastructure as a Service… Read More

Initial Coin Offering Best Practices: Old Rules Still Apply

There has been a lot of hype about initial coin offerings (ICOs) recently, but the truth is that many are failing to hit their target and raise funds for their promoters. Many fail because of their sheer lack of potential. However, many ICOs also fail… Read More

Report: Wealthy Hoarding $10 Billion in Bitcoin Underground

Bloomberg is out with a report that some wealthy investors are “hoarding” Bitcoin in bunkers deep underground the amount is said to be hovering around $10 billion representing 7% of Bitcoin’s float. Xapo, the “Fort Knox of Bitcoin,” has raised $40 million from big name VC’s… Read More

Swiss Fintech Avaloq Acquires 10% Stake in Blockchain & Cryptocurrency Specialist Metaco

Avaloq, an international fintech providing services and digital solutions to banks and wealth managers, announced on Thursday it has acquired 10% stake in blockchain and cryptocurrency specialist firm, Metaco. Founded in 2014, Metaco is described as a company that has developed specialist cryptographic solutions that be… Read More

ConsenSys and Swiss Crypto Valley Association Partner Up

The Crypto Valley Association (CVA), based in Zug, Switzerland, has announced a new partnership with ConsenSys. According to CVA, ConsenSys will chair new Enterprise Blockchain Working Group, while joining the existing Regulatory and Policy Working Group. Consensys is a huge, global organization. Today it claims 750+ blockchain experts… Read More

Swiss Firm Building Crypto-Specialized Cellphone Named After Famed Cryptographer, Hal Finney

Swiss firm Sirin Labs has plans to release a cell phone built especially for cryptocurrency users. “The Finney” Android phone will offer more secure storage of cryptocurrencies and the dApps (decentralized applications) they support. (dApps are computer apps built on decentralized cryptocurrency blockchains governed by… Read More

Blockchain Firm Proxeus, along with IBM, Set to Register a Company in Record Time During DigitalSwitzerland Challenge

During the DigitalSwitzerland challenge, taking place today (April 9th) in Zurich, Blockchain firm Proxeus, along with IBM and other partners, will complete the legal registeration of a company, from start to finish, in just 3 hours. This is in contrast to the typical 4 to 6 weeks… Read More