Switzerland has always been on the frontline in terms of crypto and blockchain adoption. The advancement of blockchain technology combined with favorable regulatory frameworks have contributed to the crypto adoption in the country. However, the country didn’t yet give a serious thought to Bitcoin strategic reserve, which has been a
Zürich Cantonal Bank, the fourth-largest bank in Switzerland, has officially entered the cryptocurrency market. According to the announcement on September 4, ZKB is allowing its clients and third-party banks to trade and store cryptocurrencies like Bitcoin and Ethereum. Further, the bank’s offerings are integrated with its existing digital platforms, ZKB
The Bank for International Settlements (BIS) recently highlighted the complexities and risks banks face when engaging with permissionless blockchains in its latest working paper, published on August 28. The report from the Basel Committee on Banking Supervision outlines several concerns tied to these decentralized systems. One key issue is the
St. Galler Kantonalbank (SGKB), Switzerland’s fifth-largest cantonal bank, has made headlines by deciding to broaden access to crypto services. SGKB is planning to provide Bitcoin (BTC) and Ethereum (ETH) trading and custody services to customers in Switzerland in partnership with SEBA Bank, a digital asset specialist licensed by the Swiss
Metabloqs, the first Swiss metaverse, with real places, real people, and provides real ownership. Metaverse soft launch opens up for an initial 5K beta users in MetaWeek, Dubai. Metabloqs is the first Swiss decentralized metaverse with a unique algorithm to bring authentic connections to the virtual world. CEO and Co-founder
Russians look forward to liquidating digital assets. Most come up with BTC in their hands predominantly. Facilitates between UAE and Switzerland for liquidation. Weeks are on the pass and yet there seems to be no end for the ongoing raging war of Russia over Ukraine. It’s well known that all
