Switzerland Financial News

02.09 / 23:53

Blockchain Technology Ethereum Adoption NFT Steez NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3

Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. One is federated and centralized whereby data is in the control of the service provider. Self-sovereign digital identity is often cited as a human right that can reclaim agency using blockchain technology, but what frameworks exist that aid in governing it?

02.09 / 16:23

Adoption Europe proof-of-work Bitcoin Armenia aims to position itself as a Bitcoin mining hub

At the end of August, a digital platform called ECOS Free Economic Zone delivered good news from a country that rarely sparks on the global crypto map — Armenia. ECOS reported adding 60 megawatts (MW) of capacity to its power plant-based facility, operating since 2018.

02.09 / 14:37

Waves Digital SEC Bitcoin Swiss stake Financial Wave Financial buys stake in Swiss crypto firm

According to Wave Financial, securing a minority stake is the first step towards a full acquisition of the company, which it hopes to complete by the end of 2022, pending regulatory approval.

02.09 / 09:55

Agriculture Protests Quake debate Earthquakes shake Liechtenstein parliament during quake insurance debate

In the middle of a debate in Liechtenstein's Landtag on Thursday afternoon, a 4.1 magnitude earthquake was felt -- just as the MPs discussed whether the small European nation needs to mandate insurance in the event of quakes.

01.09 / 12:49

COST Drop reports Vanguard’s European arm reports 33% profit drop as headcount rises by almost 200

Profit at the European arm of fund management giant Vanguard dropped by a third last year, as the business incurred higher expenses and personnel costs after adding almost 200 people to its books.

01.09 / 11:09

UPS Waves Digital Swiss asset manager Financial US digital asset manager Wave Financial snaps up Swiss crypto firm for Europe push

Wave Financial, a US-based investment manager overseeing $1.5bn, has acquired a stake in a Swiss crypto firm as part of an expansion into Europe's fast-growing digital assets market.

31.08 / 16:19

AML Bitcoin Anti-money laundering Georgia aims to adopt European crypto standards for Anti-Money Laundering

Georgia, one of the world’s most cryptocurrency-friendly countries, is moving to introduce new crypto regulations to pursue its ambitions to become a global crypto hub.

29.08 / 15:11

Moderna Walmart Pinduoduo Stocks making the biggest moves premarket: Catalent, Pinduoduo, Netflix and others

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29.08 / 15:01

shooting Pilots Two Air France pilots suspended after cockpit fight during Geneva-Paris flight

Two Air France pilots have been suspended after a fight in the cockpit forced the aircraft's cabin crew to intervene.

29.08 / 12:39

regulation ICO Central Bank end South Korea’s Central Bank Calls for End to ICO Ban

25.08 / 18:45

European Union Violent brawl between football fans shakes central Brussels

Masked hooligans caused thousands of euros worth of damage to a Brussels brasserie after a violent brawl in the Belgian capital on Wednesday.

25.08 / 13:47

Adoption Survey Bitcoin 72% of Russians say they have never bought Bitcoin: Survey

Cryptocurrency adoption in Russia has not been moving too fast as an overwhelming majority of Russians have apparently not ever bought crypto, according to a new survey.

25.08 / 13:15

Provident Digital Bitcoin Blockchain Capital Spirit Blockchain Capital to List on CSE in September

British Columbia, Canada-based Spirit Blockchain Capital Inc. (Spirit), which focuses on blockchain and digital assets, announced that it has received listing approval from the Canadian Securities Exchange («CSE»).

23.08 / 13:27

Ethereum Provident litecoin Bitcoin WisdomTree Adds Polygon and Avalanche to Crypto-Basket ETPs

WisdomTree Investments, Inc., a New York-based exchange-traded fund and exchange-traded product provider and asset manager, announced on Monday that it has added Polygon (MATIC) and Avalanche (AVAX) to indices at two physically backed crypto basket exchange-traded products (ETPs), the WisdomTree Crypto Market (BLOC) and the WisdomTree Crypto Altcoins (WALT).

22.08 / 09:43

FIVE exits Financial Credit Suisse makes Dixit Joshi chief financial officer as Mathers exits

Credit Suisse said 22 August that it has appointed Dixit Joshi as its new chief financial officer to replace David Mathers, who is stepping down after more than a decade in the job.

05.08 / 23:51

business Robinhood MicroStrategy BitPay Crypto Biz: Gucci ‘apes’ into crypto

What comes to mind when you think of Gucci? Designer handbags, fashion jewelry, elegant Swiss watches? What about payment integration with an ERC-20 governance and utility token that wants to power Web3? Rolls off the tongue, doesn’t it? The iconic Italian fashion brand announced this week it would expand its payment options to include the Bored Ape Yacht Club-affiliated ApeCoin (APE) — but only through BitPay. In other words, Gucci will let you liquidate your APE for United States dollars and spend the proceeds at its stores.

05.08 / 09:41

business Mining Texas Bitcoin Crypto bear market will provide ‘excellent’ M&A opportunities: White Rock CEO

White Rock Management CEO Andy Long believes bear markets "present excellent opportunities” for expansion via mergers and acquisitions in the crypto mining sector.

04.08 / 13:37

Twitter FIVE Digital Platform Almost $5m Withdrawn from ZB.com in Possible Hack

Crypto exchange ZB.com has fallen victim to a possible hack as $4.8 million was withdrawn from its hot wallet, according to security firm PeckSheild.

03.08 / 15:11

Lowe's CEO Strategy Moodys Credit Suisse hit with stock and credit downgrades after earnings plunge

Credit Suisse shares slipped on Wednesday after Goldman Sachs downgraded the stock to «sell» following credit rating downgrades from Moody's and S&P.

02.08 / 14:11

business Cardano Banks Swiss Crypto Staking Swiss Sygnum Bank expands crypto staking with Cardano

Cryptocurrency-friendly bank Sygnum Bank continues expanding its crypto services by launching support for Cardano (ADA) staking.

02.08 / 02:21

Target Strategy Credit Suisse irks European bankers with retention bonuses targeting key US, Asia staff

Credit Suisse has irked dealmakers in Europe by offering new, lucrative retention packages only to bankers in the US and Asia.

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