Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
FINMA
Crypto Broker AG Receives FINMA Securities House License
Crypto Broker AG has been granted a license by the Swiss Financial Market Supervisory Authority (FINMA). The license enables AG to operate as a securities house with a bilateral trading facility. This development was revealed by Crypto Broker AG in a press release today that highlighted details about the license. As per the report, the license was in recognition of the group’s reputation of excellence in financial services. Crypto Broker AG is the brokerage subsidiary of Crypto Finance Group, and the…
4 years ago
Switzerland’s FINMA Authorizes Cryptocurrency Transactions For a Local Bank
Trading, holding, transferring and generation of digital assets is now possible for Incore Bank in Switzerland due to the authorization received from Swiss Financial Market Supervisory Authority (FINMA). The local bank announced the launch of access to digital assets on May 29, representing a critical step towards the creation of a blockchain-friendly environment across the EU banking sector. This makes the bank the pioneering business-to-business bank in Switzerland, approved for operation within the cryptocurrency space. Incore Bank is now allowing institutional clients to…
5 years ago