Posts From Matthew Allen, SWI swissinfo.ch
El Salvador and Switzerland Share Common Love of Burgers and Bitcoin
El Salvador has partnered with the Swiss city of Lugano to promote bitcoin adoption. It’s an unlikely partnership and an obscure reason to join forces, but for both parties this is an earnest and worthwhile endeavour. The glue that binds
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From Crypto Stamp to Crypto Vaults: Swiss Post Office Embraces Bitcoin
The price of bitcoin has been in freefall in recent weeks, but that doesn’t seem to bother the most conservative of financial institutions – the banking arm of the Swiss post office. PostFinance is stepping up its drive to grant
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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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