Klaus Schwab Steps Down as World Economic Forum Chairman After More Than 50 Years

The 87-year-old founder of the elite think tank with a mission to “improve the state of the world” announced his resignation on Monday. End of an Era: WEF Founder Klaus Schwab Announces Resignation Klaus Schwab, Chairman and founder of the World Economic Forum (WEF), resigned from his role on Monday, according to a press release … Read more

Swiss National Bank Says No to Bitcoin Reserve—No Plans to Buy Crypto Assets

Switzerland’s central bank flatly rejected cryptocurrency for reserves, citing wild price swings, legal fragility, and software flaws as global momentum builds toward digital assets. No Crypto for Now: Swiss Central Bank Rebuffs Digital Assets in Reserve Strategy Swiss National Bank (SNB) Vice President Martin Schlegel clarified Thursday in Zurich that Switzerland’s central bank has no … Read more

Swiss Central Bank Chief Dismisses Bitcoin as Reserve Asset Amid Swiss Crypto Initiative

President of Swiss National Bank (SNB), Martin Schlegel has dismissed a proposal for the central bank to hold bitcoin in its reserves, citing volatility, liquidity concerns, and security risks. Swiss National Bank Pushes Back Against Bitcoin Reserve Proposal Swiss National Bank (SNB) President Martin Schlegel has rejected the idea of holding bitcoin as part of … Read more

Major Swiss Bank Expands Crypto Offerings With Ethereum Staking

Swiss state-owned bank Post Finance AG has expanded its digital-asset offering by introducing staking for ethereum (ETH), allowing holders to earn passive income. The bank plans to add staking for other tokens soon. Post Finance, which started trading and custody services for cryptocurrencies nearly a year ago, is the first systemically important bank to offer … Read more

Crypto Billionaire Flees London Over Offshore Tax Concerns

Christian Angermayer, a billionaire crypto investor, has reportedly moved from London to Switzerland as the UK considers tightening tax policies on offshore wealth. Angermayer’s relocation signals the potential departure of other wealthy individuals fearing future tax hikes on non-domiciled tax arrangements. Crypto Investor Angermayer Leaves London Over Tax Concerns Billionaire crypto investor Christian Angermayer has … Read more