Blockchain/Bitcoin

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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TransUnion Taps Spring Labs to Bring Credit Data to Public Blockchain Networks

Blockchain-based data-sharing platform Spring Labs announced that is bringing TransUnion’s identity and credit data on-chain to help accelerate Web 3 and DeFi adoption. The off-chain credit data from TransUnion, a global information and insights company, will be made available on

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SEBA Bank Raises CHF 110 Million in Series C Fundraise

SEBA Bank, a digital assets firm with a Swiss banking license from FINMA, announced that it has raised CHF 110 million in a significantly oversubscribed Series C funding round. The round was co-led by Altive, Ordway Selections, and Summer Capital,

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BBVA Switzerland Expands Its Crypto Offering With the Support of Avaloq

BBVA Switzerland’s crypto asset service, launched last June, is now also offering Ether. Through a personalized digital wallet on the BBVA app, both cryptocurrencies can now be automatically converted into any fiat currency, and vice versa. The service, rolled out

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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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New Bitcoin Suisse CEO Announced

Bitcoin Suisse announced  that Dr. Dirk Klee, currently CEO Wealth Management & Investments of Barclays UK, will take over as Chief Executive Officer of Bitcoin Suisse as of April 1, 2022. Dr. Arthur Vayloyan will step down from his current

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Digital Ecosystem for EAMs: Banque Heritage Joins Wecan Comply

Banque Heritage joins Wecan Comply’s blockchain based compliance platform and aims to create a digital ecosystem for its EAMs. Banque Heritage has joined Swiss fintech Wecan Comply’s compliance platform that is predicted to revolutionize the compliance procedures in Swiss banking.

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MoneyGram Announces Minority Investment into Coinme

MoneyGram International announced that they have completed a strategic minority investment in Coinme, a cryptocurrency cash exchange in the U.S. This venture, which gives the Company an approximate 4% ownership stake in Coinme, closes out Coinme’s Series A financing round

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The Top 8 Crypto Custodians

As investors increasingly incorporate digital assets into their portfolios, the crypto custody landscape continues to grow and mature. As of late-2021, around US$230 billion worth of digital assets, or about 9% of the total US$2.5 trillion cryptocurrency market, were being

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Crypto Assets Trading Volume in Switzerland Reached CHF 103.6B in 2021

The Swiss market for crypto assets has seen strong growth over the past three years, a trend reflected in the trading volumes for direct and indirect investments into crypto assets, a new research by the Institute of Financial Services Zug

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