Investors Move 10% of Their Gold From Hong Kong Amid Financial Censorship Fears

Investors Move 10% of Their Gold From Hong Kong Amid Financial Censorship FearsHong Kong investors are moving their gold offshore as China’s new national security law prompts fears of financial censorship. Some 10% of private holdings have been moved to safer jurisdictions such as Singapore and Switzerland since the beginning of protests in Hong Kong last year. In a recent interview, Joshua Rotbart, head of Hong Kong-based […]

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Government-Owned Swiss Bank Launching Crypto Trading and Custody Services

Government-Owned Swiss Bank Launching Crypto Trading and Custody ServicesBasler Kantonalbank (BKB), Switzerland’s eighth-largest bank, is getting into crypto through its subsidiary, Bank Cler. Owned by the Swiss Canton of Basel-City, BKB has total assets of approximately $49 billion. Swiss Canton Bank Launching Crypto Services Local Swiss government-owned commercial bank BKB will be offering cryptocurrency services through Bank Cler, the bank told Citywire Switzerland […]

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