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Swiss

Crypto News

Swiss National Bank Cuts Rates to Zero Marking a Return of the ZIRP Policy

A COVID-era feature that characterized the bull run in all corners of financial markets, including bitcoin , has made a comeback in Switzerland, one...
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Crypto News

Swiss Asset Manager 21Shares Launches Cronos ETP

Crypto asset manager 21Shares has launched a new exchange-traded product (ETP) offering investors regulated exposure to the native token of Cronos, a Layer 1...
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Crypto News

Tether Gold Backed by 7.7 Tons of Gold in Swiss Vault

Tether’s gold-backed stablecoin, Tether Gold (XAUT), reached a $770 million market capitalization as of April 28, according to the company's first attestation under El...
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Crypto News

Swiss National Bank Rejects Calls to Add Bitcoin to Reserves

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...
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Crypto News

Swiss National Bank Maintains Opposition to Bitcoin Reserve Proposal

Key Takeaways SNB Chairman Martin Schlegel stated that Bitcoin does not meet the central bank’s criteria for reserve assets If the initiative gains sufficient support to...
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Crypto News

Swiss National Bank Launches Pilot for Wholesale CBDC on Digital Exchange

The Swiss National Bank (SNB) has initiated a pilot program for a wholesale central bank digital currency (wCBDC) designed to facilitate the settlement of...
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Crypto News

Swiss Regulator Approves Blockchain Trading Platform by BX Digital

The Swiss Financial Market Supervisory Authority (FINMA) has approved a blockchain-powered trading platform operated by BX Digital, a subsidiary of the Stuttgart Stock Exchange....
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Crypto News

Swiss National Bank President Dismisses BTC as Reserve Asset

Swiss National Bank (SNB) President Martin Schlegel has rejected the idea of holding bitcoin as part of Switzerland’s central bank reserves, citing a lack...
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