Swiss Regulator Gives Clear Guidelines for Launching ICOs

Swiss Regulator Gives Clear Guidelines for Launching ICOs

On February 16, 2018, the Swiss Financial Market Supervisory Authority FINMA put the world on notice by being the first major economy to set out clear guidelines on initial coin offerings (ICOs). In an announcement, the Swiss regulator addressed plans to apply financial market legislation to different tokens as well as lay out how ICO organizers can get proper input from FINMA when planning or launching their initial coin offerings.

Swiss Banks Encouraged By Bitcoin Futures

Representatives of two Swiss banks that offer bitcoin products, Falcon Private Bank and Vontobel Holding AG, are high on bitcoin’s future due to the pending introductions of bitcoin futures in the U.

Bitcoin is More “An Investment Than a Currency”: Swiss Central Banker

The chairman of Switzerland’s central bank believes cryptocurrencies like bitcoin are more of an investment than a currency, at present. Speaking at an event in Basel on Thursday, Swiss National Bank Chairman Thomas Jordan struck a cautious tone about cryptocurrency’s usefulness as a transactional currency. Jordan, who notably servers as a director in the board of the Bank of International Settlements – commonly seen as a central bank for central banks – confirmed that multiple central banks around the world are looking into the issue of cryptocurrencies “very intensively.

Betting Against Bitcoin? Swiss Firms Launch World’s First Bitcoin Short Notes

Swiss financial houses Vontobel AG and Leonteq Securities AG have today launched separate products to allow investors to bet on bitcoin price drops. Swiss asset management firm Vontobel is launching the country’s first two mini futures to bet against the price of the world’s most prominent cryptocurrency. First reported by Reuters, the two futures will see their launch today on SIX exchange, Switzerland’s principal stock exchange.
Ex-Credit Suisse Exec to Launch ICO for Luxury Good Platform

Ex-Credit Suisse Exec to Launch ICO for Luxury Good Platform

A former executive for Credit Suisse is preparing to launch an initial coin offering (ICO) for a new ethereum-based startup. Marco Abele worked for the banking institution from 2006 until this August, serving most recently as head of digital, according to LinkedIn. Prior to that, Abele worked at Deutsche Bank in its corporate and investment banking division. Now, he's spearheading a startup called Tend, an ethereum-powered marketplace for sharing ownership of luxury assets, such as cars and jewelry.
Swiss City of Zug Backs Blockchain Asset Trade Group

Swiss City of Zug Backs Blockchain Asset Trade Group

The government of the Canton of Zug is supporting a newly launched trade group that aims to promote the use of blockchain technology in the asset management industry. Announced during the first annual M-0 blockchain conference in Switzerland's "Crypto Valley," the Multichain Asset Management Association (MAMA) comprises of 20 companies at inauguration, including Melonport, ConsenSys uPort, Virtual Capital Ventures, Bitcoin Suisse and Crypto Fund AG, among others.
ICO Central: Why Switzerland Will Remain Crypto Valley

ICO Central: Why Switzerland Will Remain Crypto Valley

Ian Simpson is head of marketing and communications at Lakeside Partners, an early-stage investment firm in Zug, Switzerland. In this opinion piece, Simpson lays out why his country is poised to remain a hotbed of ICO activity for the time being, despite recent regulatory developments – and why it should not try to be the only hub.
Swiss Public University Begins Accepting Bitcoin

Swiss Public University Begins Accepting Bitcoin

Switzerland's Lucerne University of Applied Sciences and Arts is now accepting bitcoin. The public institution is taking the cryptocurrency as payment for student-related bills through a partnership with Bitcoin Suisse AG. As might be expected, the university itself won't handle the bitcoin – rather, the brokerage firm will exchange incoming payments into Swiss francs on a weekly basis, according to an announcement.

Evolve Funds намерена запустить первый в Канаде биткоин-ETF

Компания Evolve Funds подала заявку на открытие первого в Канаде биржевого инвестиционного фонда (ETF). Об этом пишет BNN.ca. Как отмечает издание, ETF будет котироваться на Фондовой бирже Торонто (TSX ) под тикером BITS. “Для многих доступ к биткоину затруднен — это очень сложный и дорогостоящий процесс, поскольку в настоящее время инвесторы не могут торговать им на обычном брокерском счете, — отмечает CEO Evolve ETFs Радж Лала.
Swiss Finance Regulator Cracks Down on E-Coin Cryptocurrency Scheme

Swiss Finance Regulator Cracks Down on E-Coin Cryptocurrency Scheme

Switzerland's financial markets regulator has ordered the closure of three companies tied to an alleged cryptocurrency scam. The Swiss Financial Market Supervisory Authority (FINMA) announced on September 19 that it had shut down the Quid Pro Quo Association, Digital Trading AG and Marcelco Group AG in connection with the sales of a so-called "E-Coin" cryptocurrency. The companies had apparently been operating without the appropriate authorization, and were liquidated by FINMA as a result.

Switzerland Shuts Down ‘Fake’ Cryptocurrency Scheme “E-Coin”

Switzerland’s financial watchdog has cracked down on operations of “E-Coin”, an alleged ‘fake’ cryptocurrency scam. The Swiss Financial Market Supervisory Authority (FINMA), the country’s financial markets regulator and watchdog has revealed the closure of three separate companies involved in issuing “E-Coin”, alleged by the authority as a fake cryptocurrency. In an announcement, the watchdog revealed that ‘Quid Pro Quo Association’ had developed and begun issuing E-Coins since 2016.
Swiss Telecom Giant Launches New Blockchain Business

Swiss Telecom Giant Launches New Blockchain Business

A major state-owned telecommunications provider in Switzerland has created a new business entity centered around blockchain Swisscom, according to new reports, has established "Swisscom Blockchain AG" to focus on a range of services around the tech. These include enterprise-facing solutions as well as support for companies looking to launch initial coin offerings (ICOs). The move comes months after the telecom joined the Hyperledger blockchain project. Swisscom is also a member of a Switzerland-based blockchain consortium that also includes exchange operator SIX and Zürcher Kantonalbank, the country’s fourth-largest bank.