Blockchain/Bitcoin
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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Wolters Kluwer Partners NYDIG to Roll Out Bitcoin Regulatory Risk Assessment
Wolters Kluwer Compliance Solutions has collaborated with Bitcoin company NYDIG to launch the Bitcoin Risk Assessment. The Risk Assessment evaluates a financial institution’s control environment related to its participation in the NYDIG Bitcoin platform. As part of the assessment, clients
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Digital Asset Manager CoinShares Increases Its Stake in FlowBank to 20.28%
London-based digital asset manager CoinShares announced that it will be increasing its stake in Swiss online bank FlowBank to 20.28%. The move was to facilitate increased digital asset exposure through FlowBank’s proprietary technology platform. In the fall of 2021, FlowBank
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Here’s What You Need to Know About Biden’s Executive Order on Digital Assets
U.S. President Joe Biden has signed an Executive Order outlining its approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology. The order lays out a national policy for digital assets across six
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Swiss Blockchain Startup Wecan Chooses France for Its Expansion
Wecan Group SA, a Swiss Blockchain software provider used Swiss private banks, is favoring an expansion in France for its internationalization. Behind this choice: an investment from Michel Reybier, owner of La Réserve hotels, and a selection in the Swave
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2 Swiss Startups Make 2022 Top 50 Blockchain and Crypto Companies Ranking
Market intelligence platform CB Insights has released its second edition of The Blockchain 50, an annual ranking of the world’s top 50 most promising blockchain and crypto companies. Two Swiss startups made the 2022 ranking: SEBA Bank and the Solana
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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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AlgoTrader Raises $4.5M in Pre-Series B
The Pre-Series B funding is co-led by Credit Suisse Entrepreneur Capital and C3 EOS VC Fund with participation from East Asian venture capital firms SBI Investment and Fenbushi Capital, as well as other renowned investors including Verve Ventures, Quonota Investments,
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US Federal Reserve Releases Discussion Paper on Central Bank Digital Currency
Recent technological advances including blockchain, cloud computing and artificial intelligence (AI) have ushered a wave of new private-sector financial products and services, paving the way for rapid developments in money. While dozens of countries are already in the development and
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Crypto Firm Fireblocks Raises US$550 Million, Now Valued at US$8 Billion
Fireblocks, a US-based platform that allows financial institutions to store, move and issue cryptocurrencies, has raised US$550 million in Series E funding, vaulting its valuation to over US$8 billion. The funding round, co-led by D1 Capital Partners and Spark Capital
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