News with the tag "SWITZERLAND"

Switzerland’s government has given the green light to a plan that will force crypto firms to hand over data on their customers’ digital assets. The measure, adopted on June 6, 2025, aims to start sharing information with 74 partner countries. It is set to take effect on January 1, 2026, but the firs...

BitcoinWorld Switzerland’s Breakthrough: Global Crypto Data Sharing Takes Effect The world of cryptocurrency is constantly evolving, and with that evolution comes increased scrutiny from regulators worldwide. One of the most significant recent developments comes from Switzerland, a nation long assoc...

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 adopted a bill that would enable the automat...

Bitcoin Suisse, a leading Swiss crypto financial services provider, announced that its subsidiary, BTCS (Middle East) Ltd., has received In-Principle Approval (IPA) on May 20, 2025, from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). The IPA allows Bitcoin Suis...

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 1,749 active companies, according t...

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 crypto venture, Bloomberg has learned , cit...

Citi is catapulting into the future of finance with a game-changing tokenized platform set to revolutionize private market investing globally. Citi and SDX to Launch Global Platform for Tokenized Private Shares Citi announced on May 6 at the Point Zero Forum in Zurich that it will collaborate with S...

Key Takeaways: Switzerland now has over 600 crypto-friendly merchants. Bitcoin payments settle instantly via Lightning QR codes. After successful tests in Zug and Kreuzlingen, Spar Switzerland plans to let shoppers pay with Bitcoin at all its stores. Cashiers will scan a static Lightning Network QR ...

Switzerland’s fierce defense of tradition faced a seismic crypto challenge as calls to add bitcoin to national reserves intensify amid global economic turmoil and geopolitical shifts. Swiss National Bank Chairman Warns Bitcoin’s ‘Very High’ Volatility Risks Currency Stability Swiss National Bank (SN...

The Swiss National Bank has rejected holding bitcoin reserves, citing concerns over cryptocurrency market liquidity and volatility. "For cryptocurrencies, market liquidity, even if it may seem ok at times, is especially during crises naturally called into question,” said SNB President Martin Schlege...