Online Bank Swissquote Enters ICO Market With Purchase and Custody Option for Clients
Online bank Swissquote begins offering ICO tokens it will store on clients’ behalf Go to Source Powered by WPeMatico
Switzerland
Auto Added by WPeMatico
World’s Biggest Banks Helped Clients Steal $63 Billion in Taxes in Europe
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
PR: Roger Ver Joins Azbit Crypto Exchange Advisory Board
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
Billion-Dollar Startups Flourishing in Switzerland’s ‘Crypto Valley’
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 Asset Management Firm Tiberius Group AG Delays Launch of Metals-Backed Token
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
‘Crypto Fund’ Approved to Manage Cryptocurrency Investments in Switzerland
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
Swiss Financial Watchdog Issues Country’s First Crypto Asset Management License
The Swiss Financial Market Supervisory Authority (FINMA) has granted the country’s first cryptocurrency asset management license to a crypto investment fund Go to Source Powered by WPeMatico
Salt to Offer Crypto-Backed Loans in 7 Global Markets, 15 More US States
Salt, a cryptocurrency-backed loan service, has announced plans to launch operations in seven new jurisdictions throughout the world, while offering its services in 15 more U.S. states. It will also include litecoin (LTC) among its offerings, while providing more competitive interest rates and removing loan caps. Also read: Bitcoin Price: Wall Street Optimistic, Enthusiasts Pessimistic … Read more
Tax Evasion Spotlighted as Swiss Banks Start Sharing Client Data
Switzerland has started sharing financial account information with tax authorities in dozens of countries as a way of fighting tax evasion, but Africa, which loses about $60 billion in illicit flows each year, mostly into European banks, is conspicuous by its absence from the deal. Swiss bank accounts have long been stereotyped as enablers of … Read more
Regulations Roundup: Industry Leaders Want Clarity, Alliance Capitals Earns FINMA Warning
In recent news pertaining to cryptocurrency regulations, industry leaders have urged U.S. lawmakers to provide regulatory clarity or risk a crypto firm exodus, a Greek representative to the European Parliament has advocated for a lightweight cryptocurrency apparatus to avoid stifling innovation across the distributed ledger technologies industries, and the Swiss Financial Market Supervisory Authority has … Read more
