UBS, Sygnum Bank and PostFinance completed a blockchain study proving the technology’s efficacy for bank deposits and institutional payment infrastructure.
Swiss National Bank News
- News44380
- NewsCrypto Finance, part of the Deutsche Börse Group, launched AnchorNote to let institutions trade across venues without moving assets out of custody. 21736
- NewsThe Swiss National Bank rejected calls to add Bitcoin to its reserves, citing stability and security concerns, despite mounting pressure from the local crypto industry. 7506
- NewsSwiss National Bank President Martin Schlegel said Bitcoin is too volatile and lacks sufficient liquidity to be a reserve asset, as some in Switzerland have proposed. 20067
- NewsThe Bitcoiners will first need to convince 100,000 Swiss nationals to sign the petition to kick off a referendum — a threshold that plagued their first attempt in October 2021. 5838
- NewsThomas Jordan, head of the Swiss National Bank, announced the project at a conference in Zurich; the central bank still feels “prudent” about a retail CBDC, though. 8269
- Market AnalysisBitcoin price finally broke through the $28,000 mark, but BTC futures and options data suggest some traders are uneasy about the strength of the recent bullish momentum. 19359
- NewsThe emergency preparation will allow the takeover to proceed without the usual “six-week consultation period” with shareholders, according to people familiar with the situation. 11910
- VideoCointelegraph breaks down the main events that led to the collapse of Silvergate, SVB and Signature Bank and explains what this all could mean for crypto. 8627
- NewsSwiss regulators reaffirm the soundness of the Swiss financial system, following recent concerns about Credit Suisse. 3025
- NewsSwitzerland’s fifth-largest financial institution is set to develop an independent cryptocurrency trading and custody service for its clientele. 3072
- NewsThe Swiss National Bank integrated a wholesale CBDC into the banking systems of five commercial banks as part of the second phase of Project Helvetia. 3371
- NewsGlobal economists continue to question the implications of blockchain implementation for central bank digital currencies. 14115
- NewsThe Swiss National Bank and the BIS don’t want to miss out on possible blockchain-powered benefits for the financial system. 7815
- This article will explore 2 questions: Has bitcoin bottomed yet? And, what does the aftermath of major bubbles bursting look like and its implications for price? 707