Auto Added by WPeMatico

Switzerland Less Affected by Crypto Industry Crisis, Study Finds

While the global industry built around digital assets is losing funds and jobs are dropping off, Switzerland seems to be weathering the storm relatively well, one piece of research claims.…

Continue ReadingSwitzerland Less Affected by Crypto Industry Crisis, Study Finds

Ripple CEO: XRP lawsuit resolved by June, SEC conduct ‘embarrassing’

Ripple CEO Brad Garlinghouse said the firm’s XRP lawsuit could come to an end within “single-digit months.”

Continue ReadingRipple CEO: XRP lawsuit resolved by June, SEC conduct ‘embarrassing’

Swiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements

The Swiss financial regulator has published its updated anti-money laundering (AML) ordinance, noting it’s extending the coverage to include blockchain trading platforms. It also clarified certain reporting and identification requirements…

Continue ReadingSwiss Financial Watchdog Releases Revised AML Ordinance, Clarifies Crypto Requirements

Switzerland’s financial regulator extends reporting requirements for crypto transactions

FINMA said it stood by an AML ordinance requiring identity checks for transactions of virtual currencies to cash or “other anonymous means of payment” exceeding 1,000 Swiss francs.

Continue ReadingSwitzerland’s financial regulator extends reporting requirements for crypto transactions

21Shares Focuses on the Middle East by Rolling Out a Bitcoin ETP on Nasdaq Dubai

The Switzerland-based fintech company – 21Shares AG – unveiled a Bitcoin exchange-traded product on Nasdaq Dubai, making it the first physically-backed BTC ETP in the Middle East. The firm has…

Continue Reading21Shares Focuses on the Middle East by Rolling Out a Bitcoin ETP on Nasdaq Dubai