News
Peter Märkl, general counsel at Bitcoin Suisse, suggested that EU and Swiss stablecoin regulations could benefit from greater flexibility.
3330
Switzerland News
Switzerland is a European country that is home to the Swiss Alps and is a popular vacation destination. Among Switzerland’s industries, finance is a top sector. The country’s official languages include French, German, Italian and Romansh.
Switzerland is known for its comparatively high cost of living. The Swiss franc is Switzerland’s main currency. Switzerland has a generally pro-crypto and blockchain regulatory approach to the industry and is home to numerous crypto companies. The nation is home to “Crypto Valley,” a moniker given to the city of Zug, which is home to many crypto companies.
In Switzerland, cryptocurrencies are regulated under the Swiss Anti-Money Laundering Act. The Financial Market Supervisory Authority (FINMA) oversees cryptocurrency activities, including initial coin offerings (ICOs) and crypto exchanges. However, Swiss regulators prioritize a principle-based approach, focusing on the functionality and purpose of digital assets rather than imposing strict, one-size-fits-all regulations.
- News
Switzerland’s Federal Council expects to enforce the bill on the automatic exchange of crypto information with 74 countries by late 2026, with the first exchange seen in 2027.
8689 - News
Amina Bank, the Swiss crypto bank formerly known as Seba, added $801 million in assets and saw a 40% surge in derivatives revenue amid its international push.
3789 - News
Bitcoin Suisse received in-principle approval from the Abu Dhabi Global Market, marking its first expansion outside the European Union.
5843 - Market Analysis
Bitcoin sells off after nearly rallying to $106,000, but data suggests the correction will be short-lived.
6485 - Opinion
As Bitcoin’s value skyrockets, governments may turn to wealth taxes to tap into unrealized gains, raising questions about the future of crypto taxation.
3171 - Analysis
Switzerland is on the verge of dramatically increasing surveillance requirements for VPNs, social networks and messaging apps. Are crypto projects at risk?
1715 - News
The Swiss National Bank rejected calls to add Bitcoin to its reserves, citing stability and security concerns, despite mounting pressure from the local crypto industry.
7388 - News
Spar shoppers in Zug, Switzerland, can pay for their groceries in Bitcoin via the Lightning Network, as over 1,000 Swiss businesses have implemented Bitcoin payments.
17385 - News
Taurus’s interbank digital asset network launches with participation from Arab Bank Switzerland, Capital Union Bank, Misyon Bank, Swissquote and others.
3073 - News
Swiss 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.
20038 - News
Polkadot Blockchain Academy will host a Web3 education course for policymakers in Switzerland, with UK lawmakers attending to gain insights into crypto regulation and blockchain adoption.
5544 - News
Deutsche Bank-backed Taurus launched a Solana-based custody and tokenization platform that allows banks to issue and manage digital assets.
10202 - News
Switzerland’s Crypto Valley reached $593 billion in valuation with 17 unicorns in 2024, capturing 29% of European blockchain funding and showing significant growth.
4588 - News
PostFinance, which serves around 2.7 million customers across Switzerland, says it will allow people to stake starting from just 0.1 Ether.
3382