Facebook Libra has ‘failed,’ says Swiss ex-president
Ueli Maurer said Facebook’s Libra project has failed to win the support of central banks.
Latest Switzerland News
Crypto bank SEBA expands to nine new jurisdictions
Crypto bank SEBA has expanded into nine new jurisdictions including Italy, Hong Kong, France and Singapore just a month after it launched full operations.
Swiss gov’t wants to remove barriers to blockchain development
The Federal Council, Switzerland’s executive arm of government, adopted proposals designed to improve the legal framework around blockchain technology.
Jimmy Nguyen returns to his law roots at IADC event in Switzerland
The Bitcoin Association founding president is going back to his law roots as he takes part in the upcoming International Association of Defense Counsel’s International Corporate Counsel College event.
Swiss SIX postpones launch of ‘fully regulated’ crypto exchange
Switzerland’s principal stock exchange SIX has pushed the launch of its fully regulated cryptocurrency exchange to 2020.
Blockchain used by University of St. Gallen to record diplomas
The Swiss university is leveraging blockchain technology to store their diplomas forever.
Facebook Libra plans to seek payments license in Switzerland
The Libra Association has submitted a request to Switzerland’s Financial Market Supervisory Authority for clarification on how the regulator would classify Facebook Libra.
Swiss bank president: It’s unlikely crypto will become widely used
While the use of cryptocurrencies has continued to surge in recent years, the president of the Swiss National Bank doesn’t think they’ll ever be used widely as money in Switzerland.
Switzerland issues two new blockchain licenses as it cleans up its act
FINMA wants to ensure Switzerland has a clean blockchain industry and has issued new guidance on how blockchain-based companies must adhere to AML and KYC policies.
Four hundred new clients join Swiss bank demanding crypto products
Maerki Baumann found itself swamped with new customers because of its shift to crypto.
US lawmakers want to visit Switzerland to discuss crypto, Libra
A group of politicians on Capitol Hill is going to take a journey to Switzerland to talk about cryptocurrency and Libra.
Swissquote Bank reports profit fall in H1 as crypto business declines
Although the crypto markets moved quite a bit in early 2019, Swissquote Bank didn’t profit from it.