Hong Kong retains top crypto-ready position for two consecutive years
While Hong Kong grabbed the top spot with a crypto readiness score (CRS) of 8.36, the United States fell down a spot to third place after recording a fall of…
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SEBA Bank Might Soon Offer Crypto Services in Hong Kong (Report)
The Switzerland-based financial institution that focuses on cryptocurrencies – SEBA Bank – has reportedly secured an approval-in-principle from Hong Kong’s securities regulator. The company now needs to comply with additional…
Bitcoin aligns with Swiss values – Head of Lugano’s Plan ₿
Switzerland continues to drive Bitcoin adoption despite well-developed traditional financial infrastructure.
Bitcoin remains ‘primary focus’ for investors amid year highs: CoinShares
Bitcoin investment products have experienced $310.6 million in inflows over the last two weeks.
BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report
Project Mariana uses an automated market maker to reduce settlement risk and to create a liquidity pool in place of order books.
Swiss National Bank Will Do a Test Run of CBDCs
During the Point Zero Forum banking conference held in Zurich yesterday, the upcoming launch of a Swiss CHF-based CBDC was announced by Thomas Jordan, the chairman of the Swiss Nation…
Swiss central bank announces plans for wholesale CBDC pilot with ‘real money’: Report
Thomas Jordan, head of the Swiss National Bank, announced the project at a conference in Zurich; bank still feels “prudent” about a retail CBDC, though.
UBS’s acquisition of Credit Suisse brings some good and bad for crypto
Many in Switzerland have said that UBS’ takeover of Credit Suisse was necessary to avoid a calamitous banking crisis like that seen in 2008.
Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report
Switzerland’s troubled Credit Suisse and its rescuer, USB, are subject to an investigation into whether bankers helped Russian oligarchs evade Western sanctions, according to a media report. Some major U.S.…
UBS Group doubles offer and acquires Credit Suisse for $2B
Swiss authorities agreed to change the country's regulations to bypass a shareholder vote and announce the deal over the weekend.
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