Oops!

Crypto bank Sygnum: “There’s clearly enough demand” Crypto bank Sygnum: “There’s clearly enough demand” Crypto bank Sygnum: “There’s clearly enough demand”
Sygnum co-founder Mathias Imbach says “our phonelines are ringing constantly” after receiving a banking and securities license from FINMA. He explains the company’s next steps in building one of Switzerland’s first regulated crypto banks.
WATCH MORE
Olivia Chang
Nov. 8: What happened in blockchain this week?
Wecan Tokenize closes sale of Lisbon properties for 11 million euros through digital tokens, Swiss-Singaporean start-up Rice Exchange links up with Fujitsu to tackle the rice trade, and the Bank for International Settlements discusses the e-franc, central bank digital currencies and Libra.
Olivia Chang
Bank for International Settlements: Libra needs to make a better case
The Basel-based Bank for International Settlements is the bank of central banks. General manager Agustín Carstens sits down to discuss central bank digital currencies and why there’s no “clear case” for an e-franc in Switzerland. On Libra, Carsten says it is a “provocative proposition” but that it still needs to build a better case to convince the BIS.
Olivia Chang
Nov. 1: What happened in blockchain this week?
Here’s what happened in blockchain in Switzerland this week. The Swiss Blockchain Federation celebrates its first anniversary; Sygnum gets the go-ahead in Singapore; and a new contender eyes the Swiss banking sector.
Olivia Chang
Swiss Blockchain Federation: 2020 will be challenging
The Swiss Blockchain Federation is celebrating its first anniversary. The organization focuses on promoting Switzerland’s blockchain hub, which stretches from Ticino to Geneva. Its co-founders Mathias Ruch and Lorenz Furrer discuss Libra and express concern over a lack of funding for blockchain start-ups and self-promotion. “We have a lot of competitors all over the world,” says Furrer. “We have to fight for our position.”
Olivia Chang
Oct. 25: What happened in blockchain this week?
Facebook’s Mark Zuckerberg on Capitol Hill discusses Libra; SIX talks about the future of its Swiss digital exchange; and Crypto Valley expands from Zug to Vaduz, Liechtenstein.
Olivia Chang
SIX Digital Exchange: “From absolutely nothing to over 120 employees”
SIX is pushing ahead with the 2020 rollout of its digital assets exchange, maintaining that it is “reasonably on track” with a team over 100 people. Thomas Zeeb, head securities and exchanges, discusses regulatory roadblocks, partnership with the Swiss National Bank, and why they’re eyeing assets like art and wine. He also predicts that it will be at least a decade before SIX looks into “decommissioning” its traditional exchange. “And in our world at the moment,” he says, “that’s a heck of a long time.”
Olivia Chang
Oct. 18: What happened in blockchain this week?
Here’s what happened in blockchain in Switzerland this week. PostFinance and Energie Wasser Bern turn to blockchain to make electricity billing easier; Geneva trader MKS is behind a new gold-backed token; and 21 founding members sign the Libra charter in Geneva.
Olivia Chang
UNICEF targets USD 25 million in new cryptocurrency fund
The United Nations Children’s Fund is the latest organization to accept crypto donations. The Swiss-based Ethereum Foundation made the first donation of 100 Ether and 1 Bitcoin. Christopher Fabian from UNICEF Innovation says the new crypto fund is targeting USD 25 million but admits philanthropy and blockchain is still a niche.
Olivia Chang
October 11: What happened in blockchain this week?
Here’s what happened in blockchain this week. The Swiss National Bank links up with SIX and BIS on digital assets; Liechtenstein approves new Blockchain Act; and UNICEF opens new crypto fund.
Olivia Chang
Liechtenstein Blockchain Act steps ahead of Switzerland
The Liechtenstein Blockchain Act will go into effect on January 1, 2020. Thomas Nägele, president of the Crypto Country Association and co-author of the act, expects up to 20 Swiss companies to relocate to Liechtenstein next year. “When it comes to legislation, we are ahead,” he says.
Olivia Chang
October 4: What happened in blockchain this week?
Here’s what happened in blockchain in Switzerland this week. The Libra Association COO says requests to join the project are rolling in worldwide; the State Secretariat for International Finance shares its latest update on Libra; a new blockchain pilot in canton Schaffhausen; and gearing up for Crypto Finance Conference 2020.
Olivia Chang
Libra Association COO: We’re not at the stage of members dropping out
Despite scrutiny, Libra Association COO Bertrand Perez told CNNMoney Switzerland in a recent interview that he’s confident about getting more members on board. “For now, the discussions we are having with the founding members are very positive and good.” He says requests to join the association are building up worldwide and hopes to add Swiss companies to that list.
Olivia Chang
Arab Bank Switzerland tests crypto waters to meet Middle East demand
Arab Bank Switzerland just opened up to crypto, making it one of the earliest to do so. The reason? Demand for crypto custody and brokerage is coming from institutional clients from the Middle East and Swiss family offices, according to CEO, Serge Robin.
Olivia Chang
September 20: What happened in blockchain this week?
Another Swiss bank opens doors to crypto; the University of St. Gallen adopts blockchain to fight academic fraud; Bank for International Settlements hosts a conference on stablecoins in Basel; and new blockchain graduates in Switzerland.
LOAD MORE

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2019 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2019. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2019 and/or its affiliates.

© 2019 CNN Money Switzerland SA. All Rights Reserved.Terms under which this service is provided to you.

Privacy Policy

This website uses cookies

These cookies are necessary for the features of the www.cnnmoney.ch website to function properly. Other cookies are used to personalize the website.
You can accept or reject them by clicking the appropriate button.
For more details, see our Privacy Policy, the Terms of Use