Switzerland News
Latest Switzerland News
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Switzerland will adopt the crypto-asset reporting framework in law from 2025 but delay automatic cross-border crypto tax data-sharing until at least 2027. Switzerland has postponed the implementation of rules permitting automatic sharing of cryptocurrency account data with foreign tax authorities…
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Under the ETP structure, Bitcoin Capital will lock the underlying BONK tokens, reducing the circulating supply.
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Switzerland has launched a public consultation for stablecoins through a proposal that introduces a new regulatory framework for issuers under FINMA oversight. Swiss regulators published the proposal on Oct. 22, which seeks public and industry feedback on how to structure…
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Switzerland parliament member Samuel Kullmann reveals that he is currently working to incorporate Bitcoin into the constitution and national reserves. According to a video circulating online, Swiss MP Samuel Kullmann said that he and his team are working towards getting…
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Deutsche Börse’s subsidiary, Crypto Finance, is tackling a massive capital inefficiency plaguing institutional crypto. Its new AnchorNote solution seeks to eliminate the need to pre-fund exchange accounts, unlocking billions in frozen capital for Swiss traders. According to a press release…
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A Change.org petition shared by Tether’s CEO to restore a vandalized Satoshi Nakamoto statue has just reached more than 1,000 signatures. What’s next for the statue? In a recent post, CEO of the stablecoin giant, Paolo Ardoino, shared that a…
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Stablecoin issuer giant Tether reportedly owns almost 80 tons gold that backs its assets. The gold stockpile is kept in a vault in Switzerland in an undisclosed location for security reasons. According to a recent report by Bloomberg, Chief Executive…
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For wealthy clients tired of letting Bitcoin sit dormant, Arab Bank Switzerland has a solution: an actively managed yield product built on XBTO’s institutional-grade strategy. According to a press release shared with crypto.news on June 19, XBTO has partnered with…
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Switzerland’s Federal Council recently green lit a bill that allows for the automatic exchange of crypto information with 74 other countries, excluding the U.S, Saudi Arabia and China. In a press release issued on June 6, Switzerland’s Federal Council has…
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Sygnum Bank is now allowing clients to use staked SOL as collateral for multi-currency loans, as institutional demand drives a doubling in its crypto lending volume. Swiss digital crypto-friendly bank Sygnum has added staked Solana (SOL) to its portfolio of…
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A new report shows Crypto Valley’s five-year compound growth rate hit 18.8%, with Zug remaining the hub of Switzerland’s 1,749 blockchain firms. Crypto Valley, the blockchain hub covering Switzerland and Liechtenstein, has grown by 132% since 2020 and now includes…
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Andrew Peel, who led Morgan Stanley’s digital asset markets unit, is departing to start a Zug-based venture bridging traditional finance and decentralized finance. Morgan Stanley’s head of digital asset markets Andrew Peel has left the bank to launch a new…
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SPAR supermarket chain is rolling out BTC payments across Switzerland after a successful pilot in Zug and Kreuzlingen. According to a recent update from crypto services firm DFX Swiss, SPAR grocery stores will soon expand their acceptance of Bitcoin (BTC)…
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21Shares has teamed up with the House of Doge to launch the first Dogecoin ETP, backed by the Dogecoin Foundation, on SIX Swiss Exchange. Crypto exchange-traded products platform 21Shares has announced a partnership with the House of Doge to launch…
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While some policymakers have described Bitcoin as a store of value, its recent price action seems to suggest it’s being treated more like a high-beta tech stock. Despite numerous opinion leaders, including Federal Reserve Chair Jerome Powell, describing Bitcoin (BTC)…
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Switzerland’s economy is showing early signs of complete digitalization, as digital transactions have now surpassed cash payments, according to a new survey. Switzerland has long favored cash, with the average person holding around $10,481 in bills and coins. It’s been…