Project Helvetia, an experiment between the Bank for International Settlements (BIS), the Swiss National Bank (SNB) and the financial market infrastructure operator SIX, plans to integrate tokenized assets into existing payment systems. Project Helvetia has, in a real-world environment, demonstrated that it is possible to provide central bank money to settle securities transactions using new […]
The Swiss Stock Exchange welcomes ETC Group as a new ETP issuer. With the listing of the BTCetc Bitcoin ETP (Primary Ticker: BTCE) by ETC Group, the Swiss Stock Exchange is strengthening its position as world leading marketplace for regulated crypto products. We welcome ETC Group to the family of ETP providers offering their products […]
Zug-based “crypto bank” SEBA has announced the completion of its Series B funding round and plans to expand its digital asset services both in its home market and internationally. The additional shares are also expected to be tokenized in the near future. In August 2019, SEBA Bank was among the first financial services providers in […]
The regulatory framework for the Distributed Ledger Technology (DLT) in Switzerland was being worked out for years already. The adaption of Swiss law is now getting to the final stages, with overwhelming support from the Federal Council, and expected to be completed in 2021. Switzerland has been developing a regulatory framework for DLTs since 2014, following the principle […]
One of the largest U.S. insurance companies, Massachusetts Mutual Life Insurance Company (MassMutual), is acquiring a minority stake in Crypto asset manager NYDIG, while making a $100 million Bitcoin investment for its general investment fund. MassMutual is a U.S. based insurance company that serves five million customers worldwide. With over $37 billion in revenue, it […]
Ralph Hamers, the new CEO of UBS Group AG, spoke out in favor of digital assets and tokenization at the Singapore Fintech Festival (SFF). He sees “virtually unlimited potential” in these technologies, especially for the Swiss financial center and the Crypto Valley. This week, the annual FinTech Festival is taking place in Singapore, bringing together numerous major […]
CV VC is an early-stage venture capital investor with a focus on startups that build on blockchain technology. A conversation with CV VC Founder and CEO Mathias Ruch about the blockchain revolution, venture capital, and the Crypto Valley. The foundation of the Crypto Valley can be traced back to 2013. The Swiss financial center and […]
Christine Lagarde has identified privately-issued stablecoins as representing a greater risk to financial stability and the monetary sovereignty of the EU than cryptocurrencies like bitcoin. She has commented on the topic a few times before and proposes a digital Euro in the form of a CBDC. The European Central Bank (ECB) President says that volatile […]
Korean payment giant Danal Fintech joins Korea’s largest blockchain ecosystem and integrates its cryptocurrency into its payment app. The goal of the partnership is to bring virtual assets one step closer to everyday life.
Can you imagine receiving your wages in the form of Bitcoin or other cryptocurrencies? For many, this would be unimaginable, but a Japanese company from the eSports industry has now realized this idea.
