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Credit Suisse Sold To USB For $2-B In Bid To Curtail Banking Crisis – Good News For Crypto?
Credit Suisse has struck a deal with UBS for $3. 2 billion in a rescue deal aimed at calming financial market panic triggered by the current American banking crisis. UBS is purchasing Credit Suisse for 3 billion Swiss francs ($3. дальше »
2023-3-20 17:05 | |
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Switzerland's financial regulator extends reporting requirements for crypto transactions
FINMA said it stood by an AML ordinance requiring identity checks for transactions of virtual currencies to cash or “other anonymous means of payment” exceeding 1,000 Swiss francs. дальше »
2022-11-3 01:15 | |
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Switzerland Authorities Impose Anti-Money Laundering Policies on Crypto
In an effort to combat money laundering, Swiss authorities are seeking to limit the transaction amount threshold for cryptocurrency transactions to 1000 Swiss francs, after which identity of the party involved in the transaction is required. дальше »
2021-9-26 14:48 | |
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Swiss Crypto Bank Raises $22 Million for Expansion Growth
Swiss digital asset firm SEBA Bank has revealed that it has raised 20 million Swiss francs ($22.48 million) in its latest round of funding. New Round of Funding Aimed at Expansion SEBA Bank revealed in a press release that the Series B funding had been approved at its extraordinary general meeting. The company did notRead More дальше »
2020-12-24 19:00 | |
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Switzerland's Zug will accept taxes in Bitcoin and Ether from next year
Companies and individuals in Switzerland can now pay taxes up to 100,000 Swiss francs (about $110,000) paid in Bitcoin or Ether. Authorities in Switzerland announced today that it planned to accept prThe post Switzerland's Zug will accept taxes in Bitcoin and Ether from next year appeared first on AMBCrypto. дальше »
2020-9-3 19:00 | |
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Switzerland’s Canton to Allow its Citizens to Pay Taxes in Bitcoin & Ether Starting 2021
Switzerland's canton of Zug will start allowing people to pay taxes in Bitcoin and Ether from 2021, as per the official statement. “Tax settlement by means of crypto currency will be available to both companies and private individuals up to an amount of 100,000 Swiss francs ($109,670). дальше »
2020-9-3 17:54 | |
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Swiss government rejects $103M fund intended for blockchain firms in ‘Crypto Valley’
The Swiss government reportedly rejects the $103 million bailout plea crypto companies sought to alleviate the severe impact of COVID-19. Businesses in Switzerland’s “Crypto Valley” have failed to secure loans worth 100 million Swiss francs (about $103 million), according to local news published Wednesday. дальше »
2020-5-29 17:18 | |
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Swiss Govt. Rejects Crypto Valley’s $103M COVID-19 Relief Loan for Blockchain Startups
Switzerland’s own crypto valley located in the Canton of Zug known for its business-oriented regulations is struggling to keep businesses afloat. Its request of 100 million francs, which is around $103 million USD, as a COVID-19 relief package has been rejected by the Swiss government. дальше »
2020-5-27 20:25 | |
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Bitcoin Suisse Sells 20% Stake to Raise $47 Million: Crypto Valley Broker Aims To Expand Into Banking
Crypto valley firm Bitcoin Suisse has announced plans to sell a 20% stake in the company. The sale is expected to raise 46 million Swiss francs ($47. 38 million). Bitcoin Suisse said it intends to use the money to expand its portfolio to banking services in Switzerland and Liechtenstein, according to local media reports. дальше »
2020-5-9 22:15 | |
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Arab Bank Switzerland Leads Major Series A for Swiss Digital Assets Firm Taurus
While undisclosed, the amount is reported to be an “8-digit” figure in Swiss francs — implying a $10 million+ investment
дальше »2020-4-29 15:00 | |
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Switzerland’s Famed “Crypto Valley” Seeks $103 Million Government Bailout
Switzerland’s “crypto valley” is asking the government for 100 million Swiss francs ($102. 7 million) in funding, local media reported. The once flourishing Swiss cryptocurrency industry is struggling to survive following the withdrawal of private equity investors. дальше »
2020-4-29 14:55 | |
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Swiss Crypto-Friendly SEBA Bank To Raise An Additional $96.5M 2 Months After Getting License
SEBA, is the famous crypto bank which obtained its regulatory license last year in November from the Financial Market Supervisory Authority (FINMA). The crypto asset bank is looking to raise a secondary capital of 100 million Swiss Francs which is equivalent to $95 million US Dollar, reported Financial News London. SEBA and its competitor Sygnum […] дальше »
2020-1-18 18:45 | |
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This company claims it’s releasing the first phone to be fully made in Africa
Mara Group, a pan-African company that works in technology and finance sectors, has claimed to launch the first fully ‘Made in Africa‘ phones in Rwanda. As per a report by CNN, the company opened a new manufacturing facility in the country’s capital, Kigali, earlier this week. дальше »
2019-10-11 14:25 | |
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Swiss Exchange SIX Debuts New Crypto Exchange-Traded Product Based in Swiss Francs
SIX, a prominent stock exchange based in Switzerland, has launched a new financial product based on cryptocurrencies. This exchange-traded product (ETP) is denominated in the local fiat currency and backed with Bitcoin (BTC) and Ethereum (ETH) both. дальше »
2019-10-4 23:58 | |
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Lite.im wallet integrates Bity’s ‘KYC-less’ crypto exchange API
Lite. im wallet integrates Bity’s ‘KYC-less’ crypto exchange API - CryptoNinjas Swiss bitcoin and cryptocurrency exchange firm Bity, announced today the integration of its exchange API with messenger based cryptocurrency wallet LiteIM. дальше »
2019-9-13 20:52 | |
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Prominent Investor: Mainstream Finance Is Now Considering Bitcoin As a Safe Haven Asset
Over the last month as trade tensions between the United States and China heat up, adding pressure to an already delicate global economic fabric, both gold and Bitcoin have began to take off and rally. дальше »
2019-7-4 04:00 | |
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Envion AG Liquidated, FINMA to Continue Fighting Illegal ICOs
FINMA, Switzerland’s Financial Market Supervisory Authority, has found Envion AG guilty of receiving commercial public deposits from a minimum of 37,000 investors in the context of an initial coin offering (ICO). дальше »
2019-3-29 08:00 | |
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Bitcoin Accepted as Payment Option by Major US Electronics Company
Avnet has become the latest major enterprise to begin accepting payment in bitcoin and other cryptocurrency. On March 19, 2019, the company announced that it will allow customers to pay for goods and services using bitcoin and bitcoin cash. дальше »
2019-3-20 19:08 | |
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Switzerland’s Biggest Online Retailer Starts Accepting Bitcoin, ETH, Ripple, BCH, Litecoin, BNB and Even OMG
Whatever crypto you have, we’ll take, seems to be the message of Switzerland’s biggest online retailer with yearly revenue of circa $1 billion, Digitec Galaxus. They receive Swiss Francs at. дальше »
2019-3-19 16:57 | |
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MyEtherWallet Resists KYC With New Fiat Withdrawal Feature
MyEtherWallet—or MEW for short—has added fiat withdrawals to its long list of features. Users of the popular Ethereum web wallet can now seamlessly convert their crypto holdings to Euros or Swiss Francs, then deposit those funds directly to their bank account. дальше »
2019-2-22 04:50 | |
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MyEtherWallet To Launch Fiat Withdrawals, No KYC Needed
The Ethereum (ETH) wallet provider, MyEtherWallet (MEW), and crypto finance platform, Bity, have unveiled a fully-regulated crypto-to-fiat withdrawal system which doesn’t require users to pass Know-Your-Customer (KYC) checks. дальше »
2019-2-21 21:00 | |
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Lisk Management: Bitcoin And Alts Traded For Francs
Don’t look now, but Lisk is one of the top performers in today’s rebound. The price has advanced nearly 22% in the last 24 hours, and the trading volume of $7. 5 million is more than double yesterday’s action, most of it unfolding on Binance and YoBit. дальше »
2018-12-20 23:55 | |
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Finma: Crypto Startups Can Handle up to $100M of Deposits in Switzerland
Crypto-asset companies can now apply for licenses to handle as much as 100 million Swiss francs ($100 million) in public deposits under new regulations published on Dec. 3 by Switzerland’s Financial Market Supervisory Authority (Finma). дальше »
2018-12-4 21:30 | |
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Swiss FinTech License Allows Public Deposits of Up to 100m Francs for Blockchain Startups
The Swiss financial watchdog has published the guidelines for the FinTech license which allows companies to receive public deposits of up to 100 million Swiss Francs. The revised Banking Act, designed to promote innovation, has also opened doors to crowd-lending businesses within the regulatory sandbox. дальше »
2018-12-4 12:00 | |
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Former UBS Bankers Are Building a Crypto Bank in Switzerland
Seba Crypto AG (SEBA) has raised 100 million Swiss francs ($103 million) for the creation of a regulated bank that lets customers trade fiat for digital currency. The Zug-based startup is headed by former UBS managers Guido Buehler, who serves as CEO, and Andreas Amschwand, who serves as chairman. дальше »
2018-9-27 22:14 | |
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Swiss Startup SEBA Raises Over $100 Million to Launch Cryptocurrency Bank
Swiss startup SEBA Crypto AG has raised 100 million Swiss francs (~$103 million) to launch a bank specializing in offering cryptocurrency services to companies and investors, Reuters reports. дальше »
2018-9-27 12:26 | |
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Binance Partners with Liechtenstein Cryptoassets Exchange (LCX), Launches Fiat-to-Crypto Exchange for Cryptocurrency Investors
Binance has partnered with Liechtenstein Cryptoassets Exchange (LCX) and declared the launch of Binance LCX. Binance LCX, a fiat-to-crypto exchange based in Liechtenstein, is aimed to offer trading between Swiss francs and Euros against major cryptocurrencies. дальше »
2018-8-21 17:29 | |
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Marketplace Using Blockchain to Revolutionize Digital Finance Announces its Crowdsale
Lykke announced the start of its ICO campaign. The offering will last four weeks and ends on October 11, 2016. The company hopes to raise 1. 5 million Swiss francs through the sale of thirty million Lykke coins, a cryptographic currency that uses the Bitcoin blockchain to record transactions. дальше »
2018-7-31 13:22 | |
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Blockchain-powered Exchange Coin Offering Doubles Number of Shareholders
Lykke today announced the results of the first 10 days of its ICO (Initial Coin Offering). 547,430 Swiss francs have been raised through the sale of almost 11 million Lykke coins of 30 million available. The number of Lykke coin holders has more than doubled. дальше »
2018-7-31 13:18 | |
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FINMA Begins Proceedings into $100 Million ICO Envion
Swiss Financial Market Supervisory Authority FINMA released a press release on July 26, 2018, regarding investigations into Envion AG’s Initial Coin Offering (ICO). Proceedings Focused on ICO The proceedings are particularly interested in potential violations of Swiss banking laws, that stem from potentially unauthorized acceptance of deposits from the ICO. дальше »
2018-7-29 11:00 | |
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