Tagged: switzerland

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

With Regulators Clamping Down on ICOs in the US, Should Issuers Consider Off-Shoring Their Crowdsales?

The environment for initial coin offerings (ICOs) in the US has changed dramatically in the past few months. In July of 2017, the Securities and Exchange Commission (SEC) issued the DAO report that identified the token offering as a security indicating at least some of the… Read More

Crypto Valley in the Rockies: Wyoming May Become the Switzerland of the US when it comes to Cryptocurrency

Switzerland has become known as a center of excellence for the cryptocurrency industry. In fact, many initial coin offerings (ICO) call Zug, Switzerland home – even if they are not really based there. The Swiss regulators (FINMA) have recognized the emergence of digital currencies as… Read More

Fintech Temenos to Acquire Fidessa Group for $1.96 billion

Swiss Fintech Temenos has agreed to buy UK based Fidessa Group in a deal that currently stands at $1.96 billion. Temenos is a provider of banking software and the company claims that more than 2000 firms around the globe, including 41 of the top 50… Read More

F10 Announces Final Selected Startups For P2 Program Patch III

Switzerland fintech space, F10 Incubator and Accelerator, announced on Tuesday the final selection of fifteen startups for Batch III of its praised P2 Prototype to Product Program. According to the program, successful startups have undergone one of the most rigorous selection processes in the industry. Speaking… Read More

CEO of Cryptocurrency Exchange Bity Calls Switzerland’s Regulatory Approach to ICOs the New World Standard

There has been quite a bit of discussion regarding how to best regulate initial coin offerings while encouraging innovation. While China took an extreme approach by just banning ICOs, most countries recognize ICOs as a new asset class that requires regulation. Some countries, like the… Read More

Swiss Financial Market Supervisory Authority Issues ICO Guidance

The Swiss Financial Market Supervisory Authority (FINMA) has published guidelines on initial coin offerings (ICOs). Switzerland, as many people know, is a hot bed of ICOs and cryptocurrency in general. Switzerland has recognized the newfound prominence in this sector of Fintech and has sought to… Read More

UK Fintech Trade Mission Takes Place this Week in Vienna & Switzerland

  Switzerland and Austria will host their annual UK Fintech Mission. This is the third UK Fintech Mission to Switzerland which, because of its past success, this year encompasses both the Austrian and Swiss markets.  The UK Fintech trade mission will take place in Vienna and… Read More