Switzerland

Europe

Facebook Libra Is Seeking to Register as a Payment System in Switzerland

The non-profit set up to run Facebook's Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland.

Policy & regulation  ·  11 September 2019
Europe

Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official

Facebook's Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said.

Policy & regulation  ·  10 September 2019
Switzerland

Swiss Regulator Licenses Two New Blockchain Companies as It Shores up Legal Requirements

Two Swiss startups received broker dealer licenses as FINMA hardens its AML requirements.

Markets  ·  26 August 2019
Europe

US Lawmakers to Discuss Facebook Libra on Swiss Visit: Report

Congresswoman Maxine Waters and other U.S. lawmakers will discuss Facebook's crypto project with the Swiss data privacy chief this week.

Policy & regulation  ·  19 August 2019
Exchanges

Crypto Exchange and Custodian Smart Valor Goes Live in Switzerland

With $3.25 million in new funding, Smart Valor says it's launching the first regulated bitcoin exchange in crypto-friendly Switzerland.

Markets  ·  30 July 2019
Exchanges

Crypto-Focused Finance App Aximetria Wins License From Swiss Regulator

Aximetria, a firm offering a personal finance app for fiat and cryptocurrencies, has been awarded a financial intermediary license in Switzerland.

Policy & regulation  ·  29 July 2019
Europe

Facebook Libra Hasn’t Responded to Information Request: Swiss Watchdog

Facebook hasn't responded to a request by Switzerland’s data privacy regulator for more details on Libra, despite the project being based in Geneva.

Policy & regulation  ·  24 July 2019
Switzerland

Swiss Crypto Broker Bitcoin Suisse Applies for Banking and Securities Licenses

These anticipatory steps have been taken in face of a "maturing" regulatory environment, as the firm plans to expand its crypto-related financial services.

Markets  ·  17 July 2019
Blockchain

Think Tank Pushes for Creation of a National Cryptocurrency in Switzerland

A new report argues for the necessity of a blockchain-based economic model for Switzerland.

Markets  ·  5 June 2019
Switzerland

Swiss Watchmaker Franck Muller Launches ‘Functional’ Bitcoin Timepiece

Swiss luxury watchmaker Franck Muller has launched a limited-edition bitcoin timepiece dubbed “Encrypto” that comes with a cold wallet.

Markets  ·  23 May 2019
Stablecoins

Switzerland’s SIX Stock Exchange Is Working on a Swiss Franc Stablecoin

SIX, the Swiss national stock exchange group, is working on creating its own stablecoin pegged to the Swiss franc.

Business  ·  22 May 2019
Europe

Russia’s Central Depository to Launch Security Token Blockchain Next Month

Russia’s National Settlement Depository will launch its long-awaited digital asset ledger next month – 5,000 kilometers away from its Moscow HQ.

Business  ·  22 May 2019
Tokens

SIX Stock Exchange May Issue Its Own Token, Says Exec

Swiss stock exchange SIX could issue a token on its planned digital assets exchange in 2020, according to its head of securities and exchanges.

Business  ·  6 May 2019
Bitcoin Payments

5-Star Swiss Hotel Set to Accept Bitcoin Payments

The Dolder Grand, a five-star hotel in Switzerland, will start accepting bitcoin payments from next month.

Markets  ·  3 April 2019
Markets

XRP Exchange-Traded Product Goes Live on Swiss SIX Exchange

An exchange-traded product (ETP) tracking the price of the XRP cryptocurrency has gone live on Switzerland’s primary stock exchange SIX.

Business  ·  2 April 2019