Swiss Regulator FINMA Releases Comprehensive Guidelines for Stablecoins
FINMA stated that making the anti-money laundering rules mandatory for issuers is important to safeguard investors’ interests.
Swiss Bank PostFinance Embraces Solana and XRP with New Trading Options
Despite PostFinance’s recent addition of new cryptocurrencies to its trading platform, the crypto landscape for banks in Switzerland has not been without challenges.
Swiss National Bank to Collaborate with Commercial Banks and SDX on Wholesale CBDC Pilot
SNB said that all transactions conducted during this test phase will be secured by digital bonds and settled on SDX using the wCBDC framework.
Singapore, UK, Swiss, and Japan Regulators Collaborate on Asset Tokenization Pilots
By Tolu Ajiboye
The countries created a policymaking group to further the asset tokenization tests and help with navigating legal and compliance concerns.
Swiss Bankers Association Proposes Joint Deposit Token
Despite the clarity of the SBA’s stance, there are still many questions to answer on the legal front.
Spain’s BBVA Bank to Launch Crypto Services
BBVA has been reportedly working on making its crypto service debut for months as it has integrated a solution for providing cryptocurrency custody infrastructure called SILO in a move similar to Russia’s Gazprombank.
FTX Will Host IEO for Trading Platform Upbots
By Andy Watson
Upbots trading platform announced the IEO for its UBXT utility token which will be hosted by the FTX known to be an industry-leading crypto derivatives exchange. In this way Upbots wants to make one dashboard for both professionals and amateurs.
Swiss Crypto Bank SEBA Announces Partnership with Corda-based DASL for Assets Securitization
SEBA will be working in close coordination with DASL for the issuance of tokenized securities over the Corda blockchain network for institutional clients.
Swiss President Says ‘No’ to Libra Project
In theory, Libra was presupposed to be managed by a Geneva-based independent association linking several companies and non-profit groups.
There Are Many Requests from Interested Members, said Libra Association Director
By Tolu Ajiboye
The Libra Association director granted an interview with a French news firm where he gave a bit more insight into the progress made so far including that the Libra will launch by the second half of 2020 with many members as well.
Facebook’s Libra Set to Register as Payment System in Switzerland
Facebook’s Libra cryptocurrency project is seeking a Swiss payment system license, financial watchdog FINMA said, noting the breadth of the planned services would require broad oversight.
FINMA Approves Two Banking Licenses for Blockchain Firms, Releases New Blockchain Guidance
This is an effort from FINMA to bring blockchain-based companies and virtual assets service providers (VASPs) under the regulatory framework to foster a healthy working atmosphere.
Swiss Forex Bank Dukascopy Promotes Adoption of Its DUK+ Crypto
Geneva-based Dukascopy Bank – the first bank to issue an Ethereum-based cryptocurrency Dukascoin which serves both as payment and speculative utility.
All You Need to Know About the Security Token Offering
By Victor Larionov
Victor Larionov, crypto expert, CEO at Priority Token and partner at Hax Ventures, shares what hides behind Security Token Offering, explains how it differs from ICO unveiling what potential it holds for the whole industry.
Jibrel Network Got Swiss VQF License for Functioning as Financial Intermediary
Jibrel that is actively working on building a bridge between blockchain and traditional finance is now licensed as a financial intermediary by VQF.