Tagged: switzerland

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

Blockchain-Powered Equity Crowdfunding Platform Bloomio Appoints Bertrand Mueller to Board of Advisors

Bloomio AG, the blockchain powered equity crowdfunding company, announced on Thursday it has appointed Bertrand Mueller to its Board of Advisors. According to Bloomio, Mueller has 25 years of experience in the financial services industry in Switzerland, notably in fund management, portfolio management, asset allocation and equity… Read More

Switzerland and the Global Regulatory Competition for ICOs

The CryptoSummit 2018 organized by Blockchain startup Smart Valor gathered more than 1,000 attendees from 47 countries in Zurich. One of the recurring themes of the conference presentations was the regulation of Initial Coin Offerings (ICOs). Many participants pointed out that there is now an… Read More

Blockchain Startup Proxeus Adds Prominent Names to Advisory Board

Swiss Blockchain startup Proxeus has added the first two members of its Advisory Board:  Dr. Christian Katz, former CEO of the SIX Swiss Exchange, and Aaron McDonald, cofounder and CEO of blockchain studio Centrality. Katz is described as a prominent figure in the Swiss financial… Read More

Following $25 Million Silent ICO, Proxeus Partners with MOUNT10 Data Center Providing “Military Grade Security” using Blockchain

Swiss Fintech Award winner Proxeus has announced an interesting partnership with data storage facility MOUNT10. Proxeus recently won recognition as the “early stage startup of the year” as it seeks to disrupt data storage by using Blockchain tech. This partnership with MOUNT10 is said to… Read More

Switzerland’s Financial Market Supervisory Authority Presentation on Initial Coin Offering Regulation

The Swiss Financial Market Supervisory Authority (FINMA) has published a deck on initial coin offerings. FINMA has scheduled a series of roundtable meetings in collaboration with the Swiss Crypto Valley Association. The first Roundtable took place last week in Zug, Switzerland. In February, FINMA issued a… Read More

Recap: INNMIND/ KICKICO Blockchain Leadership Summit Reaffirms Global Interest in Blockchain

Updates from the Blockchain Leadership Summit held in Zurich, Switzerland, indicate broadening interest in blockchain from traditional financial sector as well government agencies and country leaders. Hosted by INNMIND, global platform for startups and investors, and supported by KICKICO global fundraising platform, the forum gathered… Read More

Securities Commissioner of South Carolina Issues Cease & Desist to Two International Cryptocurrency Miners

The Securities Commissioner of South Carolina, part of the office of the Attorney General of the state, has issued a Cease & Desist Order two global cryptocurrency miners: Swiss Gold Global and Genesis Mining. Genisis Mining is based in Hong Kong. Swiss Gold Global is… Read More

Tezos Foundation Expands Board, Partners with OCaml Software Foundation

The Tezos Foundation has expanded its Board, according to a release from the group. Tezos added that it was strengthening its cooperation with the core development team and providing more resources while adding developers. Simultaneously, the Foundation has partnered with the OCaml Software Foundation to… Read More

Switzerland: FINMA & the Crypto Valley Association Schedule Series of Roundtables to Discuss Initial Coin Offering Guidelines

As we reported last month, the Swiss financial regulator, the Financial Market Supervisory Authority (FINMA), published guidelines on initial coin offerings (ICOs). At that time, Mark Branson FINMA CEO explained they were taking a “balanced approach” in helping ICO issuers to navigate the regulatory landscape. Switzerland, more… Read More