Posts From Matthew Allen, SWI swissinfo.ch
Switzerland Attracts More Blockchain Firms Despite Crypto Meltdown
Global leaders were treated to a crypto charm offensive at the World Economic Forum in Davos last week. Finance Minister Ueli Maurer and Switzerland Global Enterprise, which is responsible for attracting business, took the opportunity to roll out the red
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Blockchain Heavyweights Leverage Swiss Startups for Growth
Switzerland is anchoring the European and Middle East expansion of one of the world’s fastest growing cryptocurrency exchanges. The Bermuda-based FTX group is building its regional headquarters on the foundations of a small, yet successful, Swiss company that was established
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Death, Taxes and Crypto: Lugano Tethers Ambitions to Stablecoin
Fresh from re-landscaping El Salvador’s economy, stablecoin company Tether is now giving the southern Swiss city of Lugano a crypto makeover. Tether is helping El Salvador migrate to bitcoin – and it’s now also backing Lugano’s “European Capital of Crypto” ambitions.
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‘Middling’ Swiss Fintech Industry Needs More ‘Clout’
The Swiss government is underwhelmed by the performance of the financial technology sector. The finance ministry believes that it’s high time this was remedied. “Unlike the Swiss financial centre, which remains at the top of the global rankings, Switzerland is
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Swiss ‘Unicorn’ Banking App Reincarnates as Bitcoin Vault
Swiss fintech company Numbrs has blamed jealous banks for killing off its original business model as a third-party provider of financial products. So it has reinvented itself under the banner of the ultimate bank killer – bitcoin. The company, fêted
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Swiss Crypto Industry Unfazed by New Year Bitcoin Crash
The New Year has started with a sharp fall in the price of bitcoin – and some intriguing stories surrounding the Swiss cryptocurrency scene. The industry is well used to volatility in the price of cryptocurrencies and is ploughing on
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Switzerland Dangles Carrot for Crypto Exchanges
The award of a trading license to the SIX Digital Exchange (SDX) coincides with a regulatory backlash on crypto exchanges around the world. For cryptocurrency enthusiasts, the writing is on the wall: the nimble upstarts may have gained a head
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Stakes Rising in Switzerland: The Business of Creating Cryptocurrencies
The adage “money begets money” is being given a twist in the world of decentralised finance. Here, people can make cryptocurrencies by creating cryptocurrencies. It’s a process called “staking” that promises eye watering interest rates – if you can stomach
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Wooden Credit Cards – a Corny Gimmick?
Sustainable finance is all the rage these days. What better way to market your green credentials directly to the public than through environmentally-sound credit cards? Many sustainable offerings, however, should be viewed under a microscope to test their claims. Most
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Bitcoin Banking Services Edging Closer to Reality in Switzerland
“We are operationally ready to offer institutional clients bank accounts and payment services in cryptocurrencies, just like Swiss franc accounts.” Gazprombank Switzerland is one of a number of banks hoping that the Swiss regulator will give the green light next
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