Category: Switzerland
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Swiss Bank Maerki Baumann to Become Second in Country to Accept Cryptocurrency Assets
Cryptocurrency assets received from services rendered and crypto mining will now be accepted by Maerki Baumann
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Many Swiss Bankers and Financial Regulators Quit to Join the Crypto Space
A lot of people in Switzerland have left the traditional financial sector to work in the crypto space, in which the banking nation is now developing a niche market. The Swiss banks don’t show enthusiasm officially, but they massively have interests in dealing with Bitcoin, insiders say. Also read: Switzerland’s Main Stock Exchange Dives Deep Into…
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Money or Assets? How World Governments Define Cryptocurrencies
Money? Commodities? Securities? Utility tokens? The world’s governments can’t agree on what cryptocurrencies really are
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‘Lack Of Stability’ Among Factors Preventing Global Bitcoin Breakout, Says UBS Strategist
Volatility, scalability, regulation: UBS repeats familiar misgivings over Bitcoin
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Swissquote Reports 44% Increase in Profit After Adding Crypto Services
Swiss online banking group, Swissquote, has benefited greatly from the addition of cryptocurrency investing to the set of services it offers, reporting a significant increase in its H1 2018 profits. The news comes while Switzerland is debating over how to keep crypto businesses in the country when the majority of Swiss banks refuse to provide…
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PwC: Among Digital Assets, Only Digital Currencies ‘Can Really Be Used at Present’
A PwC executive said that among various digital assets, only digital currencies can “really be used at present”
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Major Swiss Online Bank Posts Soaring Profits After Offering Clients Crypto Investing
Swiss online banking service provider Swissquote has seen a 44% surge in profits in the first half of 2018, a strong upturn attributed to the “crypto boom” earlier this year