Swiss FINMA grants very first digital asset custody permit to SEBA bank
FINMA Swiss

Swiss FINMA grants very first digital asset custody permit to SEBA bank

Home » Business » Swiss FINMA grants first digital asset custody license to SEBA bank The Swiss Financial Market Authority, FINMA, has approved its first digital asset custody license, following an application from Swiss bank SEBA for its institutional-grade digital currency custody service. The fully regulated Swiss bank will use the license to focus on…

Swiss Bitcoin Startup Relai Builds Proprietary Agent
Bitcoin Swiss

Swiss Bitcoin Startup Relai Builds Proprietary Agent

The investment app has become a regulated Virtual Asset Service Provider, allowing it to provide BTC brokerage services in Europe.Bitcoin investing app Relai has become a regulated Virtual Asset Service Provider (VASP) in Switzerland, allowing it to provide bitcoin brokerage services to customers in the country and Europe, according to a press release sent to…

Swiss Exchange SIX granted approval to launch crypto marketplace
Exchange Swiss

Swiss Exchange SIX granted approval to launch crypto marketplace

The Switzerland financial authority has today given the green-light for the launch of a digital asset marketplace utilising DLT.

Swiss Bank Drops Crypto Asset Service Amid U-Turn On Innovation
drops Swiss

Swiss Bank Drops Crypto Asset Service Amid U-Turn On Innovation

Source: iStock/paisan191In an unexpected turn of events, Switzerland’s Basler Kantonalbank (BKB) has announced it shut down its cryptoasset-focused project in a bid to focus on other sectors set out in its strategy for the years 2022 to 2025. BKB has also decided to close its fintech subsidiary Keen Innovation which has developed digital asset-focused solutions…

Swiss B2B bank InCore launches fresh tokenization tool using Tezos
InCore Swiss

Swiss B2B bank InCore launches fresh tokenization tool using Tezos

InCore Bank also announced the upcoming launch of Tezos custody, staking and trading services targeting financial institutions.

Report: Swiss Investment Bank UBS Planning Cryptocurrency Offerings
Report Swiss

Report: Swiss Investment Bank UBS Planning Cryptocurrency Offerings

Swiss investment bank UBS Group AP is reportedly planning to offer cryptocurrency investments, which would likely include bitcoin exposure.Major Swiss investment bank UBS Group AG is reportedly planning to offer cryptocurrency investments, likely including bitcoin exposure, to wealthy clients.“The Swiss firm is exploring several alternatives for offering the asset class, people familiar with the plan…