Swiss

Leading Swiss bank Zurich Cantonal Bank is the latest financial entity to enter the crypto waters in Europe, as it unveiled Bitcoin (BTC) and Ethereum (ETH) trading services on September 4, 2024. Swiss Banking Juggernaut To Offer Crypto Services In its press release published today, the bank said its customers can avail 24/7 cryptocurrency trading and custody services via its existing digital platforms such as ZKB eBanking and ZKB Mobile Banking. The fourth-largest Swiss bank with total assets under management…

The post Swiss Banks Step In To Offer Innovative Solutions For Crypto Payments  appeared first on Coinpedia Fintech News Swiss banks are stepping in to offer innovative solutions for real-time crypto payments. Swiss banking giants, particularly AMINA Bank AG and Sygnum Bank AG, have recently introduced real-time payment and settlement systems. These initiatives aim to address the market’s struggles following the failures of the Silvergate Exchange Network (SEN) and Signature Bank’s Signet platform. Their abrupt exit intensified the liquidity crisis…

Dubai, United Arab Emirates, July 4th, 2024, Chainwire Bybit, the world’s second-largest web3 platform by trading volume, solidified its commitment to fostering innovation and collaboration within the blockchain industry through a multifaceted sponsorship at the prestigious Swiss Summer Web3Fest and Crypto Valley Conference (CVC) in Switzerland in early June 2024.  "Bybit was one of the sponsors at the Swiss Summer Web3Fest and the Crypto Valley Conference. These events offered valuable opportunities for building strong relationships within the institutional space," said Eugene…

Luzius Meisser supports the initiative, arguing Bitcoin offers more stability than traditional Euro and Dollar investments. Experts suggest diversifying national reserves with Bitcoin could mitigate risks linked to government bonds prone to default. Yves Bennaïm, a key figure in the Swiss cryptocurrency community, has launched a public initiative proposing that the Swiss National Bank (SNB) include Bitcoin in its currency reserves. This initiative seeks to amend the constitution to specify that the SNB’s reserves should be held in both “gold…

Swiss crypto-bank SEBA has just raised $22.5 million as part of its Series B funding round. Regulated by the Swiss supervisory authority, SEBA Bank now plans to expand internationally. Major Investment for the Swiss Bank Swiss-based crypto-bank SEBA has just raised $22.5 million additional part of its Series B funding round. According to SEBA bank, the new funding round included new investors from Switzerland, Europe, and Asia. However, the crypto bank did not provide a list of the investors that…

The Swiss National Bank (SNB) is set to launch a proof-of-concept test for a digital currency in 2020. As reported by a Chinese news outlet, the Swiss apex bank will run the test in collaboration with the Bank for International Settlements (BIS). BIS Chief Benoit Coeure revealed key details on this latest development at the Bund Summit held in Shanghai on Sunday. According to Coeure, the proof-of-concept will be undertaken to analyze how the digital currency would work, and the…