Swiss National Bank President Thomas Jordan says foreign-pegged stablecoins could hamper Switzerland’s monetary policy in some circumstances
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Swiss National Bank President Thomas Jordan says foreign-pegged stablecoins could hamper Switzerland’s monetary policy in some circumstances
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As crypto banking becomes ever more popular, regulations surrounding these emergent institutions remain unclear. So, how exactly are the crypto banks of the world regulated?
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A roundup of major crypto news of the week from Germany, Switzerland and Austria
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Salaries paid in decentralized digital coins have become a norm across the crypto industry, but there’s really no reason why cryptocurrencies can’t be used for remuneration by businesses in other sectors as well. In many jurisdictions that should be legal even in the absence of dedicated legislation. Switzerland, New Zealand, Japan and Estonia are a […]
The post Crypto Salaries Gain Regulatory Recognition Around the World appeared first on Bitcoin News.
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After sealing a license in Switzerland, crypto firm Sygnum is pursuing the same in Singapore
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One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks for the industry and further open […]
The post Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached appeared first on Bitcoin News.
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Switzerland’s central bank SNB is in close contact with the relevant authorities over Facebook’s Libra crypto project, Reuters reports
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Switzerland aims to position itself as a European leader in the cryptocurrency world. This becomes apparent when looking at the adoption of crypto assets. Additionally, several banking licenses have been issued to what is referred to as “crypto banks” This is a clear sign the future of cryptocurrency looks somewhat promising. although no one should expect any miracles. . Switzerland Forge Ahead There are several reasons why Switzerland is such a prominent region for cryptocurrencies and blockchain. The country has a history as being a financial haven. The Swiss banking system is legendary all over the world. Additionally, it is
The post The Rise of Crypto Banks Begins in Switzerland appeared first on The Merkle Hash.
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Two Swiss banks have received a banking and securities dealer licence from the Financial Market Supervisory Authority
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Switzerland’s financial regulator has released guidance on regulatory requirements for payments on the blockchain
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