Switzerland Financial News

23.11 / 13:57

Lugano Integrates Polygon Protocol into MyLugano Payment App for Crypto Transactions

In a significant move towards solidifying its position as Europe’s emerging crypto-capital, Lugano city in the southern Switzerland Ticino region has seamlessly integrated the Polygon proof-of-stake (PoS) protocol into its crypto-friendly payment app, MyLugano.

23.11 / 09:27

Adoption Polygon Tether City of Lugano integrates Polygon into its crypto-payment system

The city of Lugano, the economic capital of Italian-speaking southern Switzerland, will integrate the Polygon proof-of-stake (PoS) protocol into its crypto-friendly payment app, MyLugano.

23.11 / 09:27

Blockchain CBDC Adoption BIS 2024 South Korea to invite 100K citizens to test CBDC in 2024

The Bank of Korea (BOK) — South Korea’s central bank — has said it will invite 100,000 Korean citizens to purchase goods with deposit tokens as part of its central bank digital currency (CBDC) pilot. The testing will start “around September to October” of 2024 and last for three months.

23.11 / 03:43

Corning film Celebrity band hospital travelers volunteers Learning from Thanksgiving: 4 money lessons for savvy investors

e-commerce sites you frequent as well as from real estate, automobiles and more inviting you to take advantage of the big Black Friday sales? That’s why we are going to learn about the American festival of Thanksgiving. A federal holiday in the United States, Thanksgiving is celebrated on the fourth Thursday in November every year.

21.11 / 15:45

Ethereum BTC Tether Gaming USDC Bitcoin Ondo ondo finance Today in Crypto: 11 Former Revolut, Spotify, and Coinbase Leaders Unveil Zeal Wallet, Ondo Finance Launches Tokenized US Treasury Product on Injective

Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________

20.11 / 21:48

ETF Progressive SEC Nov Bitcoin folk spot ETF Cathie Wood’s Ark Invest and 21Shares Amend Bitcoin Spot ETF Application

Cathie Wood’s Ark Invest has made a recent amendment to its spot Bitcoin exchange-traded fund (ETF) application in collaboration with 21Shares.

20.11 / 14:27

Ethereum Bitcoin Major Cryptocurrencies Bitcoin and Ethereum Now Available for Swiss Santander Accounts

Santander Private Banking International is now allowing its high-net-worth clients with bank accounts in Switzerland to trade and hold Bitcoin (BTC) and Ether (ETH).

20.11 / 11:53

Strategy economy Bayer Nikkei country Speculation Dollar down further on rates speculation

The dollar extended a decline, with a gauge of greenback strength hitting its lowest level since August, amid speculation the Federal Reserve is nearing the end of its rate-hike cycle.

20.11 / 11:47

Ethereum Trading Banks banking Bitcoin Santander offers Bitcoin, ETH trading for Swiss account holders: Report

The international arm of Spanish lender Banco Santander has reportedly rolled out a new service, allowing clients with Swiss accounts to invest in and trade Bitcoin (BTC) and Ether (ETH).

18.11 / 09:59

Provident Manufacturing Remark Healthcare innovations patient MedAlliance acquired by Cordis for $1.13 billion

MedAlliance has announced acquisition by Cordis for $1.13 billion. Cordis will play a pivotal role in the marketing, distribution, and global accessibility of MedAlliance's revolutionary Drug-Eluting Balloon, the company said in a statement. MedAlliance has a manufacturing facility in the US and research and development centers in Switzerland and Singapore.

17.11 / 13:01

Reuters Europe UBS Bank of England ECB Credit Suisse ECB supports creation of global standards for AT1 bonds after Credit Suisse wipe-out - reports

The ECB's Enria has encouraged international standard-setters within the Basel Committee on Banking Supervision to bring order to this market.

17.11 / 00:59

GS Partners Accused of Defrauding Crypto Investors in Metaverse Schemes

California, Texas, and several other U.S. states have cracked down on GS Partners, accusing the company of defrauding cryptocurrency investors through various fraudulent schemes. Regulators say GS Partners violated securities laws by making false claims and omitting key details when selling unregistered crypto assets to retail investors.

16.11 / 16:17

reports ECB backs global rules for bonds wiped out in Credit Suisse rescue

FRANKFURT (Reuters) — The European Central Bank's chief supervisor on Thursday supported creating global standards for convertible bonds that were wiped out as part of Credit Suisse's rescue by rival UBS earlier this year.

16.11 / 12:15

Provident Reuters Digital SEC CEO reports testing Roboadvisor Wealthfront reaches $50 billion in client assets

By Hannah Lang

15.11 / 17:10

CEO banking system UBS boss Ermotti says 'incredible' bond demand is 'a signal to the Swiss banking system'

UBS Group CEO Sergio Ermotti says the «incredible» market demand for the bank's recent issuance of AT1 (additional tier one) bonds is a «signal to the Swiss banking system.»

15.11 / 15:29

country reports France's top court demands new trial over $2 billion UBS fine

By Tassilo Hummel, Mathieu Rosemain and Noele Illien

15.11 / 12:12

Blockchain Citi Adoption Tokens Central Bank Singapore introduces 5 new pilots to test asset tokenization

The Monetary Authority of Singapore (MAS) has introduced five additional industry pilots to Project Guardian to test various use cases around asset tokenization.

15.11 / 00:17

Provident Fighting Barrett Mercury show stage How ANZ helped the Oswals set up in a ‘$314m’ Swiss palace

Leaked settlement deeds reveal just how far ANZ bank had to go to end one of Australia’s most high-profile court claims stemming from a spectacular corporate receivership.

14.11 / 19:27

FIVE BLOCK CEO Strategy innovations Canada likely to greenlight Glencore-Teck deal despite greater scrutiny of foreign deals

By Divya Rajagopal

14.11 / 10:33

business Blockchain Funding goldman sachs Venture Capital Banks Goldman Sachs leads $95M funding round for blockchain payment firm Fnality: Report

Global investment bank Goldman Sachs and French universal bank BNP Paribas have reportedly led a new funding round for Fnality, a blockchain-based wholesale payments firm backed by Nomura Group.

14.11 / 10:25

Target Strategy economy show prevention UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession

UBS expects the U.S. Federal Reserve to cut interest rates by as much as 275 basis points in 2024, almost four times the market consensus, as the world's largest economy tips into recession.

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