Category: Switzerland
Cryptocurrency Switzerland
Binance Unveils Binance Vision Post-CZ’s Exit: What Happens Next?
The newly appointed chief executive officer (CEO) of Binance, Richard Teng, recently outlined his visions for the leading crypto exchange following the resignation of founder…
Exploring Global Web3 Adoptability Across Cultural Landscapes
Even though cryptocurrencies were created to solve various issues in conventional banking systems, there have been several intersections between these digital assets and fiat currencies….
Ethereum’s Pre-Merge Energy Consumption Matches Switzerland’s Annual Usage – Study
A recent study by the University of Cambridge sheds light on the energy consumption of Ethereum, one of the largest cryptocurrencies by market capitalization. According…
Monetary Policy Gets Tougher As SNB Policy Rate Goes Up To 1.5%
Due to inflationary pressures, the Swiss National Bank (SNB) raised rates by 0.5% to 1.5%. SNB may increase rates further for price stability and participate…
Jitters In European Bank Stocks Lead To A Surge In The Dollar And Yen
The markets have been rocked by the news that Credit Suisse, one of Europe’s largest banks, is being rocked by current market conditions. The markets…
Digital Asset Firm Taurus Generated $65M from a Funding Round
The Switzerland-based FinTech company Taurus generated $65M from the Series B funding round that attracted leading financial providers. The funding project was supported by Credit…
El Salvador Will Become One Of the Richest Countries In the World Due To BTC, Says Tim Draper
Tim Draper, a venture capitalist, says that the primary cryptocurrency will potentially enlist El Salvador among the richest countries across the globe, signifying that it…
SIX Digital Exchange and SBI Announce a Joint Cryptocurrency Venture in Singapore
Switzerland-based SIX Digital Exchange and the leading Japanese financial giant SBI Holdings have announced their plans to launch a joint cryptocurrency venture in Singapore. In…
Switzerland: Swiss Bank Offers Cryptocurrency Business Accounts
In a story published on June 6th, Finews.com reported that Hypothekarbank Lenzburg is the first bank to formally open up towards cryptocurrency projects in Switzerland….
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