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In this edition of The Daily, we cover Nexo’s recent decision to pay interest on stablecoin holdings, as well as a project by two Swiss cryptocurrency companies to offer exchange and custodial solutions for financial institutions that handle digital assets. We also look at Bitfinex’s newly updated app for “on-the-go” traders. Also read: Security Startup Raises … Read more
Here are the pros and cons of having a central bank-issued digital currency — along with the list of countries that chose to adopt or dismiss the idea Go to Source Powered by WPeMatico
Regulation is still a contentious subject that splits the crypto community down the middle. But after all the abuses witnessed to date, it’s hard to swallow the argument that the industry needs no regulating at all. That it will stifle innovation and kill off the beautiful utopia created by… hacks and scams and investors getting … Read more
The independent Swiss Capital Markets and Technology Association (CMTA) has published anti-money laundering standards for digital assets and DLT in the financial market Go to Source Powered by WPeMatico
Online bank Swissquote begins offering ICO tokens it will store on clients’ behalf Go to Source Powered by WPeMatico
Europe’s top banks allegedly helped wealthy clients across the continent steal 55 billion euros ($63 billion) from multiple governments by making tax reclaims to which they were not entitled, an investigation has revealed. The theft centred around a complex scheme of trading stocks that also involved hedge funds and large international commercial law firms. Also … Read more
We are elated to announce that Roger Ver, CEO of Bitcoin.com and Mate Tokay, COO of Bitcoin.com joined Azbit as our Advisors! Apparently the subject on everyone’s mind today is “Roger Ver is planning to open his own cryptocurrency exchange”. The global crypto community of course took his statement seriously since “Bitcoin Jesus” has a … Read more
The top 50 cryptocurrency and blockchain-related companies in Switzerland’s version of Silicon Valley are now worth $44 billion combined, underscoring the steady growth of the Swiss crypto industry. Altogether, cryptocurrency firms employ about 3,000 people throughout the small country. Included among the top 50 are five “unicorns,” or startups with a market valuation of more … Read more
Swiss-based firm Tiberius Group AG has delayed the sale of its metals-backed token Tiberius Coin due to “unacceptably” high fees from credit card companies Go to Source Powered by WPeMatico
Emerging Swiss virtual currency fund, Crypto Fund AG, said on Tuesday it had been given an asset management license by the Financial Market Supervisory Authority (Finma). The license allows the company to manage crypto-related investments within Switzerland and to solicit for others elsewhere. Crypto Fund will also be authorized to provide investment advice to corporate … Read more
