Global banking regulator plans to hold consultation on crypto exposure
The group has previously warned of “financial stability concerns” and risks faced by banks when it comes to cryptocurrencies. Go to Source Powered by WPeMatico
Switzerland
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Swiss Sygnum Bank to offer custody for Internet Computer token
Major Swiss crypto bank Sygnum is planning to launch options trading for the ICP token at a later date. Go to Source Powered by WPeMatico
State-Owned Swiss Bank Postfinance Launches App Supporting 13 Cryptocurrencies
The banking subsidiary of the national postal service of Switzerland, Postfinance, has launched a mobile app providing clients with access to cryptocurrencies, ETFs and more. The software allows users to make payments, save funds or invest in various assets, with a commitment to a level of security provided only by the country’s leading online banks. … Read more
Swiss banking giant UBS to reportedly offer rich clients crypto investments
Crypto investment offerings for wealthy clients will be limited to a small fraction of their portfolios, due to the volatility of the asset class, sources say. Go to Source Powered by WPeMatico
Swiss SEBA Bank Dives Into Defi Expanding Its Offering With 3 Tokens
Switzerland-based crypto bank SEBA is adding support for three defi tokens, bringing the number of cryptocurrencies available on its platform to a total of nine. SEBA clients are able to buy, store and trade with fiat any of these cryptos. SEBA Bank Supports the Coins of 3 Defi Protocols With the new tokens, SEBA Bank … Read more
Insurance Giant AXA Allows Swiss Clients to Pay for Services With Bitcoin
The French multinational insurance firm AXA is now allowing clients in Switzerland to pay for services in bitcoin. The newly added support is part of the company’s “digital future” and stems from customer demand for crypto payments. AXA Supports Bitcoin Payments In Switzerland AXA has announced it is the first all-lines insurer in the country … Read more
Switzerland’s largest insurer AXA starts accepting Bitcoin as payment
All private AXA customers now have the option to pay insurance premiums for any non-life insurance products in Bitcoin. Go to Source Powered by WPeMatico
Lockheed Martin adopts blockchain for supply chain management in Switzerland
The defense contractor has secured access to SyncFab’s supplier intelligence platform to help manage OEMs in Switzerland. Go to Source Powered by WPeMatico
CoinShares launches physically-backed Litecoin ETP
Major European digital asset investment firm CoinShares has launched its third physically-backed ETP in 2021. Go to Source Powered by WPeMatico
Swiss regulators reject Bitcoin Suisse’s banking license application
But Bitcoin Suisse still has “many options on the table,” says the firm’s CEO. Go to Source Powered by WPeMatico