Tag "Swiss National Bank (SNB)"
Swiss National Bank, SIX Launch the Secure Swiss Finance Network for Data Sharing
The Swiss National Bank (SNB) and SIX Swiss Exchange are launching the Secure Swiss Finance Network (SSFN) communication network to further improve the resilience of the financial system against cyber risks. It is aimed at secure, flexible and resilient data
Read MoreCentral Bank Digital Currency: Non-Implementation Poses Risks Too, Warns Swiss Bankers Association
At a time when central banks around the world are ramping up digital currency plans, Switzerland’s inactivity and possible “non-implementation” of a central bank digital currency (CBDC) could, in the long run, jeopardize the country’s competitiveness, and turn it into
Read MoreSwiss Central Banker: Stablecoins Hold Promise for Widespread Deployment
Though cryptocurrencies and cryptocurrency-based tokens “are more like speculative investment instruments” and are unlikely to reach mainstream adoption, stablecoins, which are pegged to stable, official currencies, “hold greater promise for widespread deployment as a payment instrument and store of value,”
Read MoreSecurosys Aims to Raise 16 CHF Mio Through ICO for Global Push
In its early days, data and communications securities company Securosys was able to score a huge client in the Swiss National Bank, and also close a successful seed funding round in 2015 to finance their data and communications security services. More
Read MoreCrypto in Switzerland: Early Signs of Exodus?
Does it look like the first sign of exodus for crypto companies in the Confederation? It may not be the exact case although Switzerland may not keep its competitive advantage it used to have for the past few years. Crypto
Read More