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The Swiss Financial Market Supervisory Authority (FINMA) has approved a launch of the first regulated cryptocurrency investment fund restricted only for qualified investors. (Read More)
Switzerland’s financial regulators approve the country’s first fund. This will be the first time a fund investing primarily in crypto
The authority announced the approval of the ‘Crypto Market Index Fund’.
SEBA Bank issued the first digital asset custody license in Switzerland. The bank will now focus on creating digital crypto
It has become the first Swiss custodian bank focused on digital assets.
The bank will concentrate efforts on building an institutional-grade facility to invest in crypto assets.
Swiss exchange SIX granted a license to trade digital assets. SDX to go live with a fully regulated, integrated trading,
The Swiss National Bank (SNB) and Switzerland’s financial regulator reportedly believe that the acquisition of investment bank Credit Suisse by UBS, Switzerland’s largest bank, is the “only option” to prevent a “collapse in confidence” in Credit Suisse. According to a March 18 Financial Times report citing three people familiar with the situation, Switzerland is preparing [...]
The post Switzerland preparing emergency measures for UBS’ takeover of Credit Suisse: Report appeared first on Crypto Breaking News.
The fintech solutions are emerging and thriving, while technology and increasing customer demands are creating another revolution leading us to crypto. The platforms such as Swissmoney enable clients to dispose of decentralized digital currencies. Independent of central banks, currencies such as Bitcoin, Ethereum and others are becoming alternatives to traditional dollars or euros.
SafePals new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts, the firm said.
FINMA's actions against the Dohrnii Foundation emphasise the importance of regulatory compliance in the crypto industry.
Bitcoin’s (BTC) 43% rally between March 10 and March 20 surprised options traders and this is proven by the minimal14% of the $1.12 billion open interest set to expire on April 7 being placed at $28,000 and higher. The positive price movement can be partially attributed to an increase in commodity demand, as investors perceive [...]
The post $1.12B in Bitcoin options expire this week, and bulls appear to be at a disadvantage appeared first on Crypto Breaking News.
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