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The wide adoption of cryptocurrencies in Russia has been put on hold after the State Duma postponed the final reading of three crypto bills for its fall session. Nevertheless, Russian companies are already planning to introduce crypto payments as soon as the regulations are in place. Among them, a major car dealer and an international […]
The post The Daily: Cars and Pizzas for Crypto in Russia, Crypto Valley in South Korea appeared first on Bitcoin News.
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Crypto companies based in Switzerland may receive access to regular banking services as early as this year. Political will and economic wisdom seem to be in place as some government officials and bankers are already working to resolve a serious issue. Swiss banks have been refusing accounts to firms from the growing crypto industry. Also […]
The post Switzerland Considers Granting Crypto Businesses Access to Banking Services appeared first on Bitcoin News.
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In Saturday’s Bitcoin in Brief, we cover some of the new expansion plans of leading cryptocurrency trading platforms. Singapore-based Huobi has confirmed its intentions to open an office in London, and US exchange Coinbase is about to do the same in Portland, Oregon. Also, a new crypto vault in Switzerland offers safe storage for cryptocurrencies, […]
The post The Daily: Swiss Crypto Vault, Huobi Opens in London, Malta Approves Crypto Bills appeared first on Bitcoin News.
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Initial Coin Offerings in the first half of 2018 have attracted nearly double the amount of funds raised last year, a new report reveals. Researchers point out, however, that the majority of ICOs have largely failed, with only a third of the projects closed successfully. According to the study, the US remains the major destination […]
The post Report: 2018 Token Sales Almost Double Last Year’s Results appeared first on Bitcoin News.
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What blockchain can do for the financial sector and whether Swiss crypto-francs are a good idea, interview with PwC’s Strategy&’s Daniel Diemers
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Crypto Fund AG has been granted a license to distribute funds on behalf of “qualified investors” in Switzerland. The permission has been issued by the country’s financial market regulator, FINMA. The firm also seeks approval for another crypto-related service. Also read: Zug Tests Blockchain to Decide on Fireworks and Digital IDs First Point of Contact […]
The post Swiss Crypto Company Acquires License to Distribute Funds to Investors appeared first on Bitcoin News.
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Crypto Valley’s Zug will conduct Switzerland’s first blockchain-powered municipal trial vote this summer
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Switzerland’s legacy bank, Hypothekarbank Lenzburg, announced this week it was accepting cryptocurrency related businesses as account holders, something many legacy financial institutions outright refuse. Long viewed as a progressive society way ahead of its time, the Swiss are once again leading, … this time it’s doing so in the crypto revolution. Also read: Fidelity Investments […]
The post Switzerland Shows the Way: Bank First to Offer Crypto Business Accounts appeared first on Bitcoin News.
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Swiss bank Hypothekarbank has become the first bank in the country to provide crypto companies with business accounts
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