Switzerland won’t amend tax laws for blockchain
Blockchain and digital currencies are “fully compatible” with existing legal frameworks, according to the Swiss Department of Finance.
The Latest Switzerland News
Switzerland rejects Crypto Valley’s COVID-19 relief request
Switzerland’s government has rejected a request that would have seen several digital currency and blockchain companies benefit from $103 million relief.
Bitcoin Suisse opens Series A fundraising as it seeks banking license
Bitcoin Suisse is selling a 20% stake at a $282 million valuation, inviting investment in its Series A fundraising round that kicks off May 11 to mid-June.
Swiss non-profit publishes guidance for digital currency custodians
The Digital Assets Custody Standard sets out to clarify different standards for storing digital currencies and traditional assets.
Bitcoin Association goes to Switzerland
The Bitcoin Association has officially become a non-profit association in Switzerland, a move that will prove to be significant in the global expansion of Bitcoin SV.
Facebook tries to invent PayPal again with Libra II
The Libra project is looking to get things off the ground in a different way, applying for a financial license with the Swiss regulator.
Swiss firm Crypto Finance AG raises $14.5M to expand globally
Crypto Finance AG has raised $14.5 million in Series B funding. The funding will go towards expanding its digital currency products to the international market.
Switzerland tightens the screws on crypto transaction regulations
Switzerland’s financial regulator is preparing to substantially lower the cap on transactions before identification is required.
Facebook Libra faces fresh opposition in Australia, Switzerland
Facebook’s troubled Libra stablecoin is no closer to launching, after running into fresh opposition from regulators worldwide.
Facebook Libra has ‘failed,’ says Swiss ex-president
Ueli Maurer said Facebook’s Libra project has failed to win the support of central banks.
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.