Switzerland

Coronavirus

Ex-CFTC Chair Chris Giancarlo Joins Swiss Effort to Fund COVID-19 Relief Projects

Led by Swiss crypto exchange Lykke, a $200,000 initiative to fund tech-driven COVID-19 relief projects has tapped ex-CFTC chair Chris Giancarlo as its advisor.

Business  ·  19 May 2020
Tokenization

Crypto Native SEBA Bank Offers Asset Tokenization Service With TokenSoft Tie-Up

SEBA Bank is tapping TokenSoft's new European distributor to create a bespoke asset tokenization service.

News  ·  11 May 2020
Security Tokens

TokenSoft Expands Security Token Services to Europe With New Swiss Entity

Security token platform TokenSoft is expanding its services to Europe using a new Swiss entity, licensing its software through a local partner.

News  ·  6 May 2020
Venture Capital

Swiss Crypto Firm Closes $14.5M Series B to Help Secure Brokerage License

Crypto Finance AG's $14.5 million funding round will go toward international expansion and courting institutional investors.

Business  ·  16 April 2020
Trading

Swiss Stock Exchange Invests in Institutional Trading Platform for Digital Assets

SIX said the partnership will provide an important gateway into the digital asset space.

Business  ·  26 February 2020
IPOs

Swiss Company Gets Green Light to Incorporate for a Blockchain IPO

In what's being called a first for Switzerland, a company has been allowed to incorporate for an IPO of tokenized shares on a blockchain.

Business  ·  29 January 2020
Banking

Swiss Banks Enter the Age of Bitcoin

An emerging trend in wealth-stashing Switzerland: crypto-friendly banks.

Business  ·  22 January 2020
Regulation

Switzerland Softens Tone on Libra After Ex-President Says Project ‘Failed’

Switzerland's now-departed president said the project had "failed" in its current form.

Policy & regulation  ·  21 January 2020
Switzerland

PwC Switzerland Incorporates ChainSecurity Team to Expand Blockchain Audit Tools

Officially, it’s not an acquisition. But seven technical engineers are joining the accounting firm to bolster its smart contract auditing abilities.

News  ·  10 January 2020
Europe

Switzerland’s ‘Crypto Valley’ Is Bringing Blockchain to Zurich

The Crypto Valley Association and Zurich Tourism are working to bring blockchain awareness, tourism and business to Zurich.

Business  ·  14 October 2019
SIX

Swiss Central Bank to Explore Use of Digital Franc in Settling Trades

Switzerland’s central bank and the SIX stock exchange will study using a central bank digital currency to settle trades of tokenized assets.

Policy & regulation  ·  9 October 2019
Libra

Swiss Regulator FINMA Won’t Impede Libra’s Development

"We are not here to make such projects impossible," Mark Branson, CEO of the Swiss Financial Market Supervisory Authority, said of Libra.

Markets  ·  1 October 2019
Banking

Swiss Stock Exchange SIX Lines up Buyers for ‘Initial Digital Offering’

Swiss stock exchange SIX's SDX blockchain platform has organized a consortium of institutions to back its "initial digital offering" set for mid-2020.

Business  ·  30 September 2019
Banks

Arab Bank’s Swiss Arm Is Launching Cryptocurrency Services

The Swiss branch of one of the top financial institutions in the Middle East is launching a suite of cryptocurrency-based services.

Business  ·  19 September 2019
Europe

Facebook Libra Brings ‘Risks and Opportunities’: Swiss Watchdog Chief

FINMA's director has spoken out about the risks of working with a major project like Facebook's Libra, and said there are also potential benefits.

Policy & regulation  ·  12 September 2019