Switzerland Financial News

04.07 / 05:41
UPS litecoin LTC NOT NOT Price Litecoin shoots up by 4,620% – Not price, but…
One of the biggest disadvantages of Litecoin is its lack of demand, when compared to other altcoins in the market. At the same time, one of its biggest advantages also happens to be the lack of demand. That, in a weird way, is worth a milestone in itself. 
02.07 / 01:07
business coinbase MicroStrategy goldman sachs Crypto Biz: Coinbase downgraded, 3AC deemed insolvent and Michael Saylor buys the dip
Coinbase has long been considered an important bellwether of the cryptocurrency market. Last year, when the company was expanding its workforce, adding institutional clients and issuing stock, crypto prices were hitting record highs. Now, in the depths of crypto winter, Coinbase finds itself slashing a fifth of its workforce, losing retail trading volume and contending with downgrades of its credit and stock.
01.07 / 17:07
business defi regulation Bitcoin Self-custody is key during extreme market conditions: Here's what experts say
The ongoing crisis of cryptocurrency lending and the associated crypto market decline once again confirms the importance of self-custody or the "true ownership" of crypto by its holder, according to several industry experts.
01.07 / 08:39
LGBT NATO Same-sex marriage just became legal in Switzerland. This couple is set to be among first to benefit
This couple will be among the first to tie the knot on Friday morning when same-sex marriage becomes legal in Switzerland.
01.07 / 02:05
UPS Digital JPMorgan Swiss Zar Amrolia, LSE’s Julia Hoggett, JPMorgan and Swiss Exchange pick up top prizes at FN awards
Six Swiss Exchange was named Exchange Group of the Year for the second year running in Financial News’s 20th annual awards for the trading industry.
30.06 / 15:13
SEC Strategy UBS settlement UBS in $25m SEC settlement over complex options products
UBS agreed to pay $25m to settle fraud charges from the Securities and Exchange Commission over a complex options-trading strategy that lost customers tens of millions of dollars.
30.06 / 13:57
business regulation Europe coinbase expansion Coinbase seeking aggressive European expansion amid crypto winter
Coinbase is expanding its operations into various countries in Europe amid a "crypto winter." Despite laying off numerous employees and rescinding job offers, Coinbase's vice president Nana Murugesan revealed intentions to register in Italy, Spain, France and the Netherlands.
30.06 / 03:07
Adoption Mining Bitcoin Power Despite the Bear Market, a Salvadoran Wants to Build a USD 200M Power Plant to Mine Bitcoin
A wealthy expat Salvadoran is set to fund a USD 200m solar-powered Bitcoin (BTC) mining facility – and appears to have the backing of the government.
29.06 / 17:05
business ETF Investments Bitcoin 21Shares 21Shares responds to bear market with crypto winter ETP
21Shares, a global issuer of crypto exchange-traded products (ETP), is taking action to respond to the current bear market by launching crypto winter-focused investment tools.
29.06 / 15:07
Blockchain FIVE Browser TRON Breaks the 100 Million Users Mark, Celebrates Mainnet 4th Anniversary, and Announces Huge Hiring Push Amid Market Meltdown
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
28.06 / 22:47
business Mining Texas Switzerland-based crypto mining firm expands operations to Texas
White Rock Management, a cryptocurrency mining company based in Switzerland, said it will be expanding its operations to the United States, starting with Texas.
28.06 / 10:23
COST Progressive CEO Scandals Credit Suisse vows to overhaul its risk management after a litany of scandals
Credit Suisse has vowed to forge ahead with its risk management and compliance overhaul in light of a string of scandals, despite what its CEO called a «challenging» environment.
28.06 / 09:59
COST compliance Credit Suisse bolsters compliance, plans cost cuts from technology for turnaround
Credit Suisse has hired 22 senior compliance professionals this year and bolstered headcount in the division as it looks to draw a line under successive crises that have rocked the bank over the past 12 months.
28.06 / 04:35
Blockchain Ethereum ETF Bitcoin Weekly Institutional crypto asset products saw record weekly outflows of $423M
Digital asset investment products saw record outflows totaling $423 million last week, with institutional investors from Canada representing nearly all of the carnage.
27.06 / 22:37
markets Bitcoin Bitcoin’s short-term price prospects slightly improved, but most traders are far from optimistic
A mild sense of hope emerged among Bitcoin (BTC) investors after the June 18 drop to $17,600 becomes more distant and an early ascending pattern points toward $21,000 in the short-term.
27.06 / 19:47
Credit Suisse fined $2m over money laundering linked to cocaine trafficking
Credit Suisse and a former employee were found guilty 27 June in a Swiss federal criminal court of helping a Bulgarian crime ring launder money related to cocaine trafficking.
27.06 / 16:33
Blockchain Digital Platform Santander Taurus Caceis recruits Taurus for digital custody offering
The custodian, which serves as the asset servicing arm of Credit Agricole and Santander's banking group, has selected Swiss-based Taurus to help boost its digital assets offering. 
27.06 / 15:19
Blockchain Internet Computer Fine Unsure if fine art or a luxury watch is real? This blockchain-based project has your back
A Swiss foundation is using blockchain technology to authenticate artwork, luxury goods, digital media and collectibles — protecting the interests of consumers while returning control to creators.
27.06 / 14:37
Stablecoin Adoption defi regulation Swiss National Swiss National Bank exec: Regulators may favor centralized stablecoins after Terra crisis
Swiss National Bank (SNB) deputy head Thomas Muser talked to Cointelegraph editor Aaron Wood and discussed the ongoing trends in central bank digital currencies (CBDCs), stablecoins, and regulations, during the recently concluded European Blockchain Convention (EBC) 2022.
23.06 / 10:57
cryptocurrency CryptoExplainer crypto news Swiss Financial Financial Watchdogs Should Protect Crypto Investors: Swiss Regulator
Financial watchdogs should do more to protect crypto investors: Swiss regulator

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