ICON (ICX) unaffected by South Korean tax investigation into ICONLOOP, says chairman
The South Korean tax authority is trying to track the movement of ICO funds raised in foreign countries into its domestic markets. Go to Source Powered by WPeMatico
Switzerland
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Crypto Valley’s top companies up 680% in value since mid-2020
Switzerland’s Crypto Valley is continuing to grow despite the Covid-19 pandemic, with its top 50 companies increasing in value by more than $200 billion in less than one year. Go to Source Powered by WPeMatico
177-Year-Old Swiss Bank Bordier to Offer Bitcoin and Other Crypto Trading Services
A 177-year-old bank in Switzerland has enabled cryptocurrency trading within its services, with expectations to expand. Bordier & Cie SCmA added bitcoin and other cryptos to its list of services by partnering with a well-known domestic crypto player. Bordier Customers Can Also Buy and Hold Other Cryptos According to the announcement, the Swiss bank, founded … Read more
CoinShares launches new physically-backed Ether ETP
Digital asset manager CoinShares is listing its second cryptocurrency exchange-traded product on the SIX Swiss Exchange. Go to Source Powered by WPeMatico
Swiss crypto ETP issuer passes $1B assets under management
Swiss crypto ETP issuer 21Shares has increased its managed crypto ETP assets from $500 million to $1 billion in less than two weeks. Go to Source Powered by WPeMatico
Swiss Companies Issue First Tokenized Asset for Trading Under New National Blockchain Rules
New legal provisions on distributed ledger technology (DLT) went into effect on Feb. 1 in Switzerland. After the implementation, two local companies announced that they had issued the first tokenized asset under the brand-new law. ‘Fine Wine’ Token Is Available for Sygnum Bank’s Clients Per the announcement, Swiss digital asset bank Sygnum and Fine Wine … Read more
21Shares to list Polkadot ETP on Swiss SIX exchange
21Shares’s Crypto Basket ETP has also replaced Bitcoin Cash with Polkadot. Go to Source Powered by WPeMatico
Phase one of Switzerland’s blockchain law goes into effect
The first phase of Switzerland’s two-part crypto and blockchain regulatory framework is effective as of today. Go to Source Powered by WPeMatico
BIS Chief Banker Criticizes Bitcoin as Inherently Risky, Says BTC Vulnerable to 51% Attack
Bank for International Settlements (BIS) general manager Agustin Carstens has criticized bitcoin saying the asset was inherently risky and “increasingly vulnerable” to a 51% attack. A long time bitcoin (BTC) skeptic, Carstens stressed that only central banks should be issuing digital currencies. “Investors must be cognizant that bitcoin may well break down altogether,” he opined, … Read more
CoinShares to launch $200m Bitcoin ETP on Swiss stock exchange
CoinShares’ CSO says the firm is “starting 2021 off with a bang” by launching a $200 million physically-backed Bitcoin ETP on Switzerland’s SIX exchange. Go to Source Powered by WPeMatico