Swiss Regulators Hire Banks to Retain Crypotcurrency Ventures

2018-7-21 13:10

Switzerland’s financial market supervisor, FINMA held discussions with the country’s bankers’ association and the Swiss National Bank (SNB), on how to improve cryptocurrency ventures’ access to banks.
A few Swiss banks have already started offering Bitcoin futures and the country’s stock exchange announced plans to launch a cryptocurrency exchange.
Limited Acceptance from the Financial System
Only a small number of Swiss banks have allowed cryptocurrency ventures to do business with them making it difficult for such projects to be domiciled in the country.
At least two Swiss banks have reportedly withdrawn services to cryptocurrency projects and groups, further reducing the already limited pool of institutions that handle basic, essential services like accepting deposits.
Image courtesy of Shutterstock
The post Swiss Regulators Engage Banks to Prevent Exodus of Cryptocurrency Ventures appeared first on Bitcoinist.com.

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banks swiss cryptocurrency country financial exchange ventures

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Источник: bitcoints.com

banks swiss → Результатов: 19

Two Swiss Banks Now Accepting Money From Crypto-related Activities

Switzerland is a major financial center and the land of private banks, the choice destination where old money is being kept under lock and key in secret vaults or secret bank accounts. In this age of cryptocurrencies, the Swiss proved to be just as adept as there are now two Swiss banks that offer financial […] Two Swiss Banks Now Accepting Money From Crypto-related Activities was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-8-13 14:15	Cryptocurrency
banks swiss two money secret financial crypto-related

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Swiss Regulators Engage Banks to Prevent Exodus of Cryptocurrency Ventures

2018-7-21 11:00	Switzerland
cryptocurrency swiss ventures banks regulators prevent country

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Switzerland Creating Crypto-Friendly Conditions To Remain Competitive in the Cryptocurrency Market

Swiss regulators are currently making a greater effort to provide clear regulations for the banking industry to ensure that cryptocurrency-related projects can remain fully functional within the country.

2018-7-20 20:26	Cryptocurrency News
remain cryptocurrency switzerland country market creating crypto-friendly

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Switzerland Scrambles to Regain “Cryptocurrency-Friendly” Status As Banks Dissuade Crypto-Businesses

Famously touted as the “Crypto Valley,” the Swiss city of Zug is losing sheen in favor of other cities and jurisdictions as cryptocurrency startups reportedly face difficulties in administration and governances in the European country.

2018-7-20 11:00	Switzerland
switzerland crypto-businesses cryptocurrency regain scrambles dissuade status

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Market Synergy Offers Institutional Calibre Cryptocurrency Connectivity to Bitfinex

Market Synergy GmbH, a Swiss-based organisation which offers institutional standard cryptocurrency connectivity and security for banks, brokers and hedge funds has been selected by Bitfinex, the world’s leading cryptocurrency trading platform, to provide robust, high performance connectivity for institutional clients.

2018-7-13 18:12	News
cryptocurrency connectivity institutional synergy market bitfinex offers

242 +

Bitfinex Launches Crypto Connection Network for Institutional Clients

Bitfinex partnered with Swiss Market Synergy to develop a connectivity service for banks, hedge funds and brokers.

2018-7-11 17:26	News
bitfinex connectivity develop brokers service banks funds

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Access to Banking Services is being considered by Switzerland for Crypto Businesses

Economy & Regulation Crypto companies based in Switzerland may receive access to regular banking services as early as this year. Also read: Swiss Crypto Company Acquires License to Distribute Funds to Investors Banks Expected to Offer Services by the End of the Year In terms of crypto development, Switzerland is now standing at a crossroad.

2018-7-6 08:31	Switzerland
crypto switzerland services access year banking banks

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Switzerland Considers Granting Crypto Businesses Access to Banking Services

Crypto companies based in Switzerland may receive access to regular banking services as early as this year. Political will and economic wisdom seem to be in place as some government officials and bankers are already working to resolve a serious issue.

2018-7-6 05:25	Zug
crypto banking services access switzerland businesses granting

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Swiss Crypto Startups are Promised Full Access to Banking Services

Swiss authorities are forcing banks to be friendlier towards cryptocurrency-related startups.

2018-7-4 11:54	News
swiss startups banks towards cryptocurrency-related forcing friendlier

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Swiss Banks to Welcome Cryptocurrency and break Singapore’s crypto dominance

Switzerland businesses are urging their government to allow banks in the country to add cryptocurrency transaction system, says the Financial Times. In an exclusive interview to the economic publication, Crypto Valley’s Heinz Tannler says, “We hope to clarify relationships by the end of the year at the latest.

2018-7-3 23:23	Switzerland
cryptocurrency crypto banks dominance swiss says singapore

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EU’s Report on Cryptocurrencies: Says Officials “Should Not Ignore” Them

The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.

2018-7-3 23:28	Adoption
report vcs cryptocurrencies cryptocurrency currencies monetary should

723 +

Swiss Banks’ Practices Towards Blockchain Companies Under Scrutiny by Finance Minister

The Swiss Finance Minister, Federal Councilor Ueli Maurer, has set-up a working group under the leadership of the Swiss Banking Association (SBA) to develop recommendations on how banks should deal with.

2018-6-28 18:00	Politics
swiss under finance minister banks practices scrutiny

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Swiss Still Bullish on Blockchain – Banks to Ensure Easy Access to Services for Blockchain Companies

Heinz Tannler, the Financial Director of Zug, the crypto valley of Switzerland, has called on the Swiss Bankers Association (SBA) to bring blockchain companies into the traditional banking sector.

2018-6-28 12:29	blockchain
blockchain companies swiss still banking sba bullish

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Banks Have Become Skeptical of Crypto: Swiss National Bank Executive

When cryptos became widely popular, central banks were seriously considering issuing their own digital currencies. However, the interest has slowly waned as central banks begin to seriously consider the implications such currencies would have on financial stability.

2018-6-25 20:00
banks bank currencies national seriously central swiss

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Swiss National Bank Executive: Central Banks Now Finding Crypto Issuance Unappealing

Thomas Moser, a board director at the Swiss National Bank (SNB), believes that central banks’ interest in developing central bank-issued digital currencies (CBDCs) has now waned, Business Insider reports today, June 23.

2018-6-23 16:59
bank central your all swiss banks national

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Swiss National Bank Board Director: Central Banks’ Interest in Issuing Crypto Has Waned

According to a board member at the Swiss National Bank, enthusiasm has waned for issuing a state-backed digital currency

2018-6-23 15:10	ICO
swiss waned issuing national bank board currency

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Swiss Bank to Allow Business Accounts for Crypto Companies

Switzerland’s mortgage bank Hypothekarbank Lenzburg (Hypi) has announced that it will open business accounts for crypto companies. While cryptocurrency and blockchain technology have been widely accepted in Switzerland, the banks have not been as friendly.

2018-6-12 22:22	Regulation
bank blockchain crypto companies swiss switzerland hypothekarbank

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NiceHash to debut first Bitcoin conference in Maribor, spotlighting Slovenia as a crypto hub

NiceHash, the leading hashrate marketplace, is set to inaugurate the first-ever Bitcoin-focused conference in Maribor, Slovenia. Dubbed NiceHashX, this event is styled as the “Bitcoin Conference on the Sunny Side of the Alps” and will be held over two days on November 8 and 9, 2024.

Swiss central bank sees no need for public CBDC as risks outweigh benefits

Swiss National Bank Chair Thomas Jordan says public central bank digital currency is unnecessary, suggests focusing on interbank trials. Switzerland is unlikely to introduce a public central bank digital currency (CBDC) in the near future, as risks associated with the…

Swiss central bank sees no need for public CBDC as risks outweign benefits

Sygnum Tokenizes $50M of Fidelity International Fund as Matter Labs Moves Reserves to Blockchain

The move was part of zkSync developer Matter Labs' long-term goal to move its treasury reserves to a blockchain.

Swiss prosecutors raid crypto hedge fund Tyr over its exposure to FTX

Raided by a Swiss prosecutor, Tyr Capital Partners is facing accusations of criminal mismanagement due to its ties to FTX. The Switzerland-based crypto hedge fund, Tyr Capital Partners, came under scrutiny in August 2023 after investors raised concerns about its…

Pando Asset officially files for spot Bitcoin ETF with the SEC

Swiss asset manager Pando Asset seeks SEC approval for a spot Bitcoin ETF, a step towards integrating crypto into mainstream finance.

Swiss Crypto Bank SEBA Wins Hong Kong License

The bank's Hong Kong unit can now deal in and distribute securities, including virtual assets-related products.

2018-7-21 13:10

banks swiss → Результатов: 19

2018-8-13 14:15

2018-7-21 11:00

2018-7-20 20:26

2018-7-20 11:00

2018-7-13 18:12

2018-7-11 17:26

2018-7-6 08:31

2018-7-6 05:25

2018-7-4 11:54

2018-7-3 23:23

2018-7-3 23:28

2018-6-28 18:00

2018-6-28 12:29

2018-6-25 20:00

2018-6-23 16:59

2018-6-23 15:10

2018-6-12 22:22

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