Tag Archives: Switzerland

Avaloq Spearheads Cryptocurrency Asset Solution Initiative

A leading fintech company, a cryptocurrency asset firm and a Switzerland bank have come together to implement a crypto asset solution for banks and wealth managers. Cryptocurrency Asset Solution for Banks and Wealth Managers According to a press release by fintech company, Avaloq, a Swiss bank, Gazprombank Ltd, cryptocurrency company, METACO, and Avaloq, recently came together to implement… Read More »

Switzerland’s ‘Crypto Valley’ Zug Ranked ‘Fastest-Growing’ Tech Hub in Europe

The Swiss city of Zug, home to crypto and blockchain development hub “Crypto Valley,” has been ranked the fastest-growing tech community in Europe. Swiss startup news channel StartupTicker reported this on Dec. 6. According to the latest annual “State of European Tech” report from London-headquartered global technology investment firm Atomico, Zug came out top in a comparison of… Read More »

Swiss National Postal Service and Telecom Leader to Build Blockchain Platform

Advertisement Swiss Post and Swisscom will take advantage of their trusted reputation in Switzerland to create a blockchain platform for use by themselves and others that will be based on Hyperledger Fabric2. Swiss Post is publicly owned and the country’s second largest employer. It already uses blockchain technology to record temperature data while transporting pharmaceuticals in the national… Read More »

Gazprombank Switzerland to Launch Crypto Services Next Year

Swiss bank Gazprombank recently partnered with fintech startup Avaloq and crypto firm Metaco to offer clients crypto services, an Avaloq press release reports Dec. 6. Fintech company Avaloq and crypto custody solution specialist Metaco are reportedly collaborating with Gazprombank –– which as CHF 3.1 billion ($3.12 billion) in total assets under management ––“to implement their integrated crypto asset… Read More »

Swiss Post & Swisscom Launch ‘100% Swiss’ Blockchain Infrastructure

Switzerland’s national postal service Swiss Post and state-owned telecoms provider Swisscom are partnering on a “100 percent Swiss” blockchain infrastructure, according to a press release Dec. 6.   The new infrastructure is reportedly the first private, or permissioned, blockchain to be operated jointly by two entities; its key premise is to provide a service that retains all data… Read More »

Top Exchange Binance Announces ‘SAFU’ Hackathon, Conference in Singapore

The world’s largest cryptocurrency exchange, Binance, has announced that it will host the company’s first conference, according to a press release shared with Cointelegraph Dec. 6. Binance Blockchain Week is scheduled to be held in Singapore this January and is to include two major events –– the conference itself, along with a two-day “first-ever Binance SAFU (Secured Assets… Read More »

Swiss Post, Swisscom Developing New Blockchain Platform on Hyperledger

Swiss Post, the country’s national postal service, and state-owned telecoms provider Swisscom have united to develop a blockchain platform. The two announced Thursday that they are using Hyperledger Fabric to build their “simple, secure and sustainable” private blockchain infrastructure, intended to be utilized by their own, as well as other companies’, applications. The infrastructure is designed to meet the… Read More »

Cryptocurrency Firms Now Licensed Under Updated Banking Regulations in Switzerland

Swiss FINMA recently introduced new guidelines for companies, including blockchain and cryptocurrency-based firms interested in the new FinTech license. Details of the Guidelines Switzerland’s financial regulatory body, the Financial Market Supervisory Authority (FINMA), recently published a set of guidelines for the procurement of the new FinTech License. Cryptocurrency and blockchain-based firms are among companies who are eligible to… Read More »

Swiss Regulator’s ‘Relaxed’ Fintech License Covers Blockchain Firms

Switzerland’s Financial Market Supervisory Authority (FINMA) has introduced a new fintech license with “relaxed” requirements that is applicable to blockchain and cryptocurrency-based firms. The regulator announced Monday that the new license allows approved “innovative financial companies” to accept public deposits of up to 100 million Swiss francs (or just over $100 million), provided the funds are not invested and… Read More »