BlackRock joins a growing number of firms backing the tokenization of securities, despite the CEO’s wider crypto cynicism.

BlackRock CEO Says ‘Next Generation for Markets’ Is Tokenization

Cryptocurrency exchange Binance said on Thursday it was committing $1 billion to establishing an industry recovery initiative (IRI) to invest in companies from the digital assets sector.


Binance to commit $1 bln for crypto recovery initiative

Some of the biggest names in the US banking industry are coming together on a proof of concept for a regulated digital asset settlement platform.

US banks launch digital asset settlement platform PoC

The unit, known as Genesis Global Capital, serves an institutional client base and had $2.8 billion in total active loans as of the end of the third quarter of 2022.

Genesis’ Crypto-Lending Unit Is Halting Customer Withdrawals in Wake of FTX Collapse

Google's cloud computing services division will also bring its Blockchain Node Engine to Solana beginning in 2023.


Google Cloud Just Became a Solana Validator

Cryptocurrency exchange Binance said on Thursday it was committing $1 billion to establishing an industry recovery initiative (IRI) to invest in companies from the digital assets sector.

BlockFi had made a deal with FTX earlier this year.

Crypto Lender BlockFi Pauses Withdrawals in Wake of FTX Collapse

 Binance, the world's largest cryptocurrency exchange, has signed a nonbinding agreement to buy FTX.com, a unit of major rival FTX, to help cover a "liquidity crunch" at the cryptocurrency exchange, Binance CEO Changpeng Zhao said on Tuesday.

Crypto exchange Binance plans to acquire major rival FTX

Google's cloud computing services division will also bring its Blockchain Node Engine to Solana beginning in 2023.

UBS AG (UBSG.S) has launched a 375 million Swiss franc ($370 million) bond that the Swiss bank said on Thursday was the world's first digital bond to be publicly traded and settled on both blockchain-based and traditional exchanges.

SIX Digital Exchange (SDX)

UBS AG launches the world’s first digital bond that is publicly traded and settled on both blockchain-based and traditional exchanges

Customers will be subject to the checks if they make transactions that total $1,000 or more over the course of a month.

Switzerland Sticks to Tougher ID Checks for Crypto to Cash Transactions

Sygnum launches a suite of specialised NFT services targeting professional creators, the ever-growing Web3 community as well as its banking clients. 

Sygnum Bank

Sygnum looks to future and launches NFT issuance, consulting and custody

DOGE’s market cap currently exceeds that of Cardano and more than 120 members of the S&P 500.

Dogecoin Replaces Cardano as 6th Largest Cryptocurrency

From now on, users can add funds to their SwissBorg account instantly, using their Visa or Mastercard debit or credit card. 

Swissborg

SwissBorg Card Top Ups are here!

Google wants to become a key infrastructure provider for Web3.

Google Launches Cloud Node Engine For Ethereum Developers

Seba Bank’s retail and institutional clients can now store tokens of Ethereum-based NFT collections like Bored Apes and CryptoPunks in the bank's new custodial service.

SEBA Bank

SEBA Bank Brings Regulated Custody to Blue-Chip NFTs

The lower house of the Parliament voted in favor of adding crypto to the scope of activities to be regulated via the proposed Financial Services and Markets Bill – which already seeks to extend payments rules to stablecoins.

UK Lawmakers Vote to Recognize Crypto as Regulated Financial Instruments

A tech blogger with a track record for breaking tech developments is sharing her findings.

Is Twitter Building a Crypto Wallet?

Swissquote has introduced a staking service for Ethereum (ETH) — a practice of earning rewards for serving as a transaction validator in the Ethereum blockchain.

Swissquote

SWISSQUOTE LAUNCHES ETHEREUM STAKING FEATURE WITH 5.2% APY

Drei wichtige Akteure auf dem Schweizer Finanzplatz spannen zusammen, um eine komplette Infrastruktur im Handel und in der Verwahrung von digitalen Vermögenswerten anzubieten.

Daura

Berner Kantonalbank (BEKB)

BEKB investiert in den Durchbruch digitaler Aktien

The tech giant will also use Coinbase's custody service, Coinbase Prime.

Google Partners With Coinbase to Accept Crypto Payments for Cloud Services

SDX Web3, the newly launched business unit from SIX Digital Exchange, is now live with its institutional custody service for crypto assets.

SDX Web3 Goes Live With Its Institutional Custody Service for Crypto Assets

The bill seeks to bolster the idea of a paperless economy by making use of blockchain to print papers digitally.

UK Government Approves Electronic Trade Documents Bill That Aims To Digitize Documents Using Blockchain Technology 

Bank of New York Mellon is now open for crypto business.

America’s oldest bank, BNY Mellon, will hold crypto now

21Shares’ physical bitcoin exchange-traded product will list on the Nasdaq Dubai.

21shares AG

Crypto Investment Product Firm 21Shares Launches Bitcoin ETP in Middle East

Swiss financial data expert SIX, one of Europe’s leading financial information providers, is delighted to announce that CryptoCompare’s cryptocurrency data is now available for the broad customer base of SIX to further strengthen their activities in digital asset markets. As a result of the partnership, SIX can now cover more than 85% of all cryptocurrency market activities worldwide. CryptoCompare is a key third-party cryptocurrency data provider that SIX has onboarded to its distribution channels.

SIX Introduces for the First Time a Comprehensive Crypto-Currency Data Offering in Partnership with CryptoCompare

The fluctuating price of bitcoin bears a repetitive hallmark: true believers hoard the vast majority of bitcoin in circulation and wait for the next wave of new disciples to push up the value by fighting for the scraps.

Vontobel

FiCAS

Valour

How to decrypt bitcoin for Wall Street

Plan ₿ Foundation, a joint initiative between the Swiss City of Lugano and USDT stablecoin issuer Tether, announced a collaboration with payment facilitator GoCrypto to officially bring Bitcoin (BTC), Tether (USDT), and LVGA payments to Lugano – enabling citizens to use their wallets at McDonald's and other merchants.

McDonald’s Starts Accepting Bitcoin and Tether in Lugano, Switzerland

Bitcoin Suisse is proud to announce the addition of governance voting for clients who hold DOT, KSM and CFG in the Bitcoin Suisse Vault. With an easy-to-use proxy account setup from the Bitcoin Suisse Vault interface, Bitcoin Suisse clients can participate in Polkadot protocol governance, and vote on both community proposals and upgrades to the network. This new feature is also available for the growing number of parachains connected to the Polkadot network. The Bitcoin Suisse Vault is the first institutional-grade custody service in the world to support Polkadot governance participation.

Bitcoin Suisse AG

Bitcoin Suisse Vault Adds DOT Governance Participation Feature

The study found that banks mostly held volatile cryptocurrencies and had little exposure to stablecoins.

Basel Committee: Banks worldwide reportedly own 9.4 billion euros in crypto assets

With SQX, Swissquote is launching its own centralised trading platform for cryptocurrencies to provide a more competitive and secure trading environment.

Swissquote launches its own crypto exchange: SQX

Although the exposure to the cryptocurrency market by global banks is still relatively small, these financial institutions are slowly opening their doors to digital assets, with a new report by the Bank for International Settlements (BIS) listing the most popular cryptos among the banks that have reported crypto exposure.

Polkadot, XRP, Cardano among the top 10 crypto assets chosen by banks – BIS study

The second Forkast report on Asia Crypto Week’s anchor event explores what bets TradFi players are making, how Asian investment patterns differ from those elsewhere, and what cooperation between crypto companies and regulators should look like

BitMEX Link

Institutional finance, role of regulators in focus at TOKEN2049 crypto conference

World's largest money manager continues to ramp up exposure to digital assets space

BlackRock launches blockchain ETF for European clients

Since the inception of bitcoin, bull and bear markets have been a natural part of its growth. However, like with anything that lasts a long time, the market has evolved, and so has the concentration of various things in the market. 

By The Numbers: A Bitcoin Bear Market Without BitMEX

The Cupertino-based giant, Apple, has decided to allow the sale of NFTs through its App Store.

Apple will allow developers to sell NFTs in games and apps

BitMEX co-founder Arthur Hayes is highlighting a key support level that should concern traders and investors who have placed long positions on Bitcoin

BitMEX Founder Arthur Hayes Says Ethereum Will ‘Definitely’ Outperform BTC, Outlines Danger Zone for Bitcoin Bulls

Tokyo-based financial services group Nomura Holdings, Inc., recently announced its new digital asset subsidiary named Laser Digital and respective holding company Laser Digital Holding, which will be active in Switzerland.

Nomura Bank (Switzerland)

Japanese banking giant Nomura’s crypto unit to be based in Switzerland

The SEC argues that because ETH validators are concentrated more densely in the United States, ETH transactions are seen as taking place in the country.

SEC lawsuit claims jurisdiction because ETH nodes are ‘clustered’ in the US

Nasdaq (NDAQ), the second-largest U.S. stock market operator, is starting a cryptocurrency custody service as it aims to cash in on the demand from institutional crypto investors, according to a press release on Tuesday.

Nasdaq Establishes New Digital Assets Business

The crypto exchange did not reveal its take on the regulatory alarm. It received a Cyprus license earlier this year.

FCA Says FTX Operating in the UK Without Approval

Last week, the long-awaited Ethereum “Merge” finally arrived, switching Ethereum from a proof of work to a proof of stake consensus mechanism.

Is ETH a security? If it wasn’t before, it is now

Bitcoin mining’s energy consumption is a controversial topic. Some consider it an important part of Bitcoin’s value proposition. Others see it as wasteful and harmful for the environment.

WILL BITCOIN MINING SURVIVE THE ENERGY CRISIS?

Ethereum, the most popular cryptocurrency platform, completed its much-anticipated switch to a more energy-efficient infrastructure.

Ethereum Finishes Long-Awaited Energy-Saving ‘Merge’ Upgrade

BBVA Switzerland's New Gen account has received a new digital onboarding process that allows users to verify their identities using selfies.

BBVA Switzerland

BBVA Switzerland's New Gen has a new digital onboarding process

Spot trading in some crypto tokens set to begin in November

Wall Street-Backed Crypto Exchange EDX Markets Is Set for November Debut

YouHodler is proud to announce a brand new program for our loyal community of affiliates, ambassadors, and influencers. This affiliate revenue share model brings increased rewards to our partners that help grow the YouHodler family. We’re excited to share the details with you so let's get into it. 

YouHodler

YouHodler Launches New “Affiliate Revenue Share” Model

Cboe’s ErisX has unveiled ErisX Settlement Service, a new solution designed to help remove settlement risk for OTC crypto transactions.

ErisX Launches Crypto OTC Settlement Solution

Seba Bank, a popular Swiss bank that received $110 million in investments in a Series C round earlier this year, today announced a new service for institutional clients interested in crypto: Ethereum (ETH) staking.

Ethereum: Seba Bank in Switzerland launches ETH staking

Troubled cryptocurrency exchange BitMEX is charting its revival in Switzerland after the platform and its three co-founders were prosecuted in the United States.

Switzerland key to rehabilitating tarnished crypto exchange

Blockchain development firm ConsenSys has announced a line of green NFTs to commemorate Ethereum’s upcoming Merge.

ConsenSys

ConsenSys Marks Ethereum Merge With Green NFTs

Swissquote has introduced a staking service for Solana (SOL), which enables users to earn dividends or interest on their SOL holdings just for depositing and holding the token on the platform.

SWISSQUOTE ENABLES STAKING BENEFITS FOR SOLANA (SOL) WITH 5.2% APY

IFC co-launches the Carbon Opportunities Fund. The platform will help sell and track credits via blockchain aiming to help bring integrity to the market ahead of COP27

World Bank's IFC taps blockchain for carbon offsets

There is massive potential for wealth managers to offer crypto investing, according to new research from Avaloq, a global leader in digital banking solutions and wealth management technology.

Avaloq.one

UK wealth managers have enormous potential to offer crypto services following recent market turmoil, says Avaloq

Iran made its first official import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the Islamic Republic to circumvent U.S. sanctions that have crippled the economy.

Iran makes first import order using cryptocurrency 

While traveling across the country visiting Bitcoin meetups, Captain Sidd found Bitcoiners have many things in common, but most importantly, they are all doers

Base58

BITCOINERS ARE BUILDING THE FUTURE THEY WANT TO SEE: EXPERIENCES FROM 30 BITCOIN MEETUPS

Sygnum Bank announces today that it has expanded its bank-grade staking offering with Cardano (ADA), the eighth-largest protocol by market capitalisation.[1] Clients can conveniently and securely stake Cardano through Sygnum’s institutional-grade banking platform to generate staking rewards.

Sygnum Bank expands bank-grade staking with Cardano (ADA)

Seba Bank is applying for licenses in Singapore and Hong Kong

Julius Bär

LGT Bank

Julius Bär-Backed Crypto Bank Ramps Up Asia Hiring After Selloff

Bitcoin-Preis steigt innert 7 Tage um 24.72 Prozent. Kommt jetzt die Trendwende?

Bitcoin Bitcoin-Preis steigt innert 7 Tage um 24.72 Prozent. Kommt jetzt die Trendwende?

Global leaders were treated to a crypto charm offensive at the World Economic Forum in Davos last week. Finance Minister Ueli Maurer and Switzerland Global Enterprise, which is responsible for attracting business, took the opportunity to roll out the red carpet for foreign blockchain companies.

Switzerland attracts more blockchain firms despite crypto meltdown

Switzerland's SIX Digital Exchange (SDX), the world's first fully regulated digital securities Financial Markets Infrastructure (FMI), and Aktionariat, one of the leading technology providers for digitized private shares in Switzerland, have announced a partnership aimed at further developing the digital ecosystem for issuers and institutional investors.

Aktionariat

SIX Digital Exchange partners with Aktionariat to provide greater access to capital through digital securities in Switzerland

The banking branch of the Swiss Post, PostFinance, is the fifth largest retail bank in Switzerland and will launch its own exchange platform for trading and custody of Bitcoin by 2024.

Swiss Post launches its own Bitcoin trading and custody platform

Following the success of the first crypto stamp last year, Swiss Post is continuing its adventure and will be putting on sale the second collection Swiss Crypto Stamp 2.0 on 8 August 2022. The new issue places Switzerland and its cinema under the spotlight.

Swiss Crypto Stamp 2.0

Switzerland’s startup competition >>venture>> has announced its list of 52 finalists for its 2022 competition.

Meet the 10 Fintech Finalists at the Swiss Startup Competition Venture and Winners for 2022

FQX is a Zürich, Switzerland-based fintech with great aspirations. They want to digitize company debt and this digital debt to be registered, issued, transferred, and eventually traded on their infrastructure.

FQX Brings Companies’ Debt Funding to the Blockchain

Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around the world should do more to ensure investor protection.

Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors

Citibank Building Crypto Custody Service, Says Mass Digitization of Traditional Investments Taking Place

Metaco

Citibank Building Crypto Custody Service

Swiss luxury watchmaker Hublot has stated that its newly released 200 limited-edition watches can now be bought online using cryptocurrencies such as Shiba Inu and Bitcoin via BitPay. This means of payment is exclusively limited to customers of the Hublot United States eBoutique, it stated in a tweet.

Shiba Inu and Other Cryptos Now Accepted by Swiss Luxury Maker Hublot in US Stores

Due to the prevailing market conditions, SIX Swiss Exchange has postponed the launch of its crypto services division SIX Digital Exchange (SDX).

Switzerland’s SIX Digital Exchange Postpones Launch of Crypto Services Amid Market Selloff (Report)

Valour, SEBA Bank and MVIS Launch the SEBA VALOUR Metaverse Index Available for Trading OTC

Valour, SEBA Bank and MVIS Launch Metaverse Index 

Switzerland remains one of the most attractive locations in Europe for blockchain and crypto firms which continue to flock there according to reports.

More Crypto Companies Moving to Switzerland to Avoid Regulatory Restrictions

Tether is the first stablecoin offered by Dukascopy Bank. Operations in the stablecoin are available for MCA clients.

Dukascopy Bank SA

Dukascopy Bank Enables Deposits and Withdrawals in Tether

TAG Heuer makes luxury Swiss watches, and will now accept cryptocurrency as payment on US websites only. This comes after recent moves by luxury brands, including Gucci and Off White, which started accepting crypto payments this year.

 Luxury watchmaker TAG Heuer inks deal with BitPay to accept crypto online in the US 

"It is essential that educational institutions are put into place to help better inform not only traders and investors but future business owners," said Paolo Ardoino.

Tether launches crypto and blockchain education program in Switzerland

Julius Bär Group Ltd. said it is working on offering services in digital assets to its wealthy clients, and sees the current turmoil in global crypto markets as potentially defining moment for the asset class. 

Julius Bär Braves ‘Bubble-Burst’ Moment in Crypto Wealth Push

Switzerland has most profitable Bitcoin traders at $1,268 per investor.

The World’s Most Successful Bitcoin Traders Are From Switzerland

LGT Bank, the financial institution owned by the princely House of Liechtenstein, is working with Switzerland’s SEBA Bank on the service.

LGT, World’s Largest Family-Owned Private Bank, to Offer Crypto

The Swiss National Bank is against buying and holding bitcoin as a reserve currency, Chairman Thomas Jordan said at the central bank's annual general meeting on Friday.

Swiss National Bank opposed to holding bitcoin as a reserve currency

21Shares has partnered with ByteTree Asset Management to launch the world’s first combined bitcoin and gold exchange-traded product (ETP).

21Shares unveils world’s first bitcoin and gold ETP

Päivi Rekonen, SEBA Bank's chairwoman: "...And if you look at the size of the institutional money bucket, we are just at the beginning."

The World’s First Regulated Crypto Bank Braces For Flood Of Institutional Money

Bitcoin Suisse today announced the start of its native Decentralized Finance (DeFi) offering. Select clients of Bitcoin Suisse can now lock the cryptocurrency Ether (ETH) as collateral in the decentralized borrowing protocol Liquity and mint their own Liquity Dollars (LUSD), the protocol’s stablecoin. More than USD 1 billion worth of ETH are already locked in the Liquity protocol. Bitcoin Suisse is the first crypto broker to provide a convenient gateway to the Liquity protocol for its clients.

Bitcoin Suisse launches its DeFi offering by providing its clients with access to blockchain-based credit

Collaboration will bring robust Blockchain Infrastructure, Staking and DeFi services to Latin American Region

BridgeTower Capital

BridgeTower Capital Teams with SenseiNode and Securitize in Latin America

David Mercer, CEO of the LMAX Group, stated in an interview with Anthony Pompliano that institutions are going to invest trillions of USD in Bitcoin.

Are Institutions Going to Invest Trillions of USD in Bitcoin?

The launch marks 21Shares’ 30th cryptocurrency ETP offered and will be cross-listed on Euronext Paris and Amsterdam

21Shares Launches Metaverse ETP via Sandbox’s SAND Token

After months of in-depth analyses and hours of creative work, we are proud to present our new branding. Finfox – The smart software for hybrid investment advice. Now with a new look.

Finfox

Finfox Rebranded

Vor wenigen Tagen wurde publik, dass der schweizerische Finanzinfrastrukturbetreiber und -entwickler «SIX» in Kooperation mit dem führenden Betreiber internationaler Börsen für den Handel mit Devisen und Kryptowährungen «LMAX Group» per Q3 2022 zentral geclearte Krypto-Futures mit Barausgleich einführt.

Kryptowährungen und deren Derivate

It was recently announced that the Swiss financial infrastructure operator and developer SIX, in cooperation with LMAX Group, the leading operator of international exchanges for trading foreign currencies and cryptocurrencies, will introduce centrally cleared crypto futures with cash settlement, as of Q3 2022.

Cryptocurrencies and their derivatives 

Credit Suisse board member and fintech expert Blythe Masters believes that cryptocurrencies have yet to fulfill their promise as a hedge against inflation, underlining issues with supply limits.

Blythe Masters: «There Happens to be Infinite Available Crypto»

For Bitcoin Suisse, Atfinity further facilitates ongoing adaptation of their system to constantly changing regulatory requirements and accelerates the data workflow enabling a more efficient collaboration with clients going forward...