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Home / Tag Archives: 6a.) Bitcoin&Blockchain

Tag Archives: 6a.) Bitcoin&Blockchain

Blockchain shares – who needs lawmakers?

Swiss lawmakers have been tasked with getting the new furniture to fit into the financial and corporate landscape. (© Keystone / Gaetan Bally) The Swiss parliament will soon get to grips with merging the current financial system with new blockchain architecture. This is a bit like refitting your whole house to make sure the swanky new furniture and fittings blend in. Switzerland has deliberately chosen to not to tear the whole house down and build it again in a new...

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Swiss crypto sector welcomes proposed blockchain law

Blockchain is tipped to bring efficiencies to the financial system – and beyond. (© Keystone / Ennio Leanza) Proposed updates to the banking, corporate and financial infrastructure laws to accommodate Distributed Ledger Technology (DLT) have been broadly welcomed by Switzerland’s growing blockchain industry. Parliament is now set to debate the wide-ranging set of proposals presented by the governmentexternal link on Wednesday. The government’s intentions were first...

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Blockchain: your questions answered

Blockchain promises to touch many parts of our lives, but how do we touch it? Blockchain: the very name fascinates and bamboozles in equal measure. Although businesses based around the technology are popping up all over Switzerland, many still wonder what exactly it does and how it can improve their lives. The potential possibilities are myriad, yet many still appear tantalisingly out of reach. After asking readers to pose their questions about blockchain, we’ve...

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Bitmain-backed crypto firm Matrixport opens Zurich office

The number of financial firms servicing crypto enthusiasts is growing in Switzerland. Singapore-based crypto financial services company Matrixport is setting up a European operations centre in Switzerland. Matrixport has close links to the Chinese cryptocurrency mining giant Bitmain, which is simultaneously winding down its Swiss presence. Matrixport joins a growing band of Swiss-based players, such as Bitcoin Suisse, Crypto Finance, Sygnum and SEBA banks, that are...

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Swiss company shares traded as digital tokens

DLT promises to make trading securities faster and cheaper. (Keystone / Patrick Sinkel) A Swiss-German consortium has successful traded company shares on a blockchain-style digital platform using a Swiss franc-backed stablecoin to instantly settle the transaction. The trade marked a significant step towards creating a new breed of stock exchange. Germany’s largest stock exchange Deutsche Börse teamed up with telecommunications company Swisscom, three Swiss banks and...

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Swiss crypto bank SEBA outlines ambitions

SEBA is part of a new wave of financial institutions that plan to offer a different style of banking service. (SEBA) Crypto bank SEBA is confident of attracting a “three-digit” number of Swiss clients by the end of the year before setting its sights on global expansion and raising more than CHF100 million ($101 million) in extra funding from the public. The Swiss financial regulator awarded SEBA a banking license in August, along with another bank specialising in...

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Swiss payments system aims to link bitcoin and retailers

Spending cryptocurrencies in shops is proving a difficult nut to crack. (© Keystone / Christian Beutler) Prominent European payment infrastructure provider Worldline has teamed up with financial services firm Bitcoin Suisse to allow cryptocurrency enthusiasts to spend their bitcoin in Swiss shops. Worldline last year took over SIX Payment Services, the former arm of the Swiss stock exchange group that provides payment card terminals in 85,000 Swiss retail outlets....

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Is blockchain real estate in need of renovation?

Is the room half full or half empty for blockchain property enterprises? (© Keystone / Christian Beutler) Our regular analysis of developments in the world of fintech and Crypto Nation. Property has for some time been hailed as prime real estate for blockchain disruption. The incorruptible ledger will replace mountains of paperwork while interested parties will have a sovereign claim to validate transactions in property sales. We are also told that smart contracts...

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What does blockchain have to do with me?

(Keystone/ Valentin Flauraud) Blockchain and cryptocurrencies seem to be all over the news, but is this a flash-in-the-pan gimmick or a real digital service that can impact on the lives of ordinary people? People have been asking us what it all means, so we’d like to give you the opportunity to send in your own questions. What is blockchain’s value proposition? Why should I cash in my “real” money for cryptocurrencies? Who or what is behind blockchain? We’ll do our...

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‘Next generation’ private bank plans to open doors in Switzerland

The Swiss financial sector has been leaking banks in recent years. A new private banking venture has joined the growing list of companies applying for licenses from the Swiss financial regulator. Tallyon aims to become a “next generation” private bank, riding the way of “radical change” in the industry. “Banking is to be redefined, and the use of technology should ensure that employees and customers receive a higher esteem than many banks do today,” says chairman...

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