Digital asset manager CoinShares is listing its second cryptocurrency exchange-traded product on the SIX Swiss Exchange.
Switzerland, officially the Swiss Federation, is a federal republic situated in central-western Europe. The Swiss economy is considered to be the one of the most stable in the world. The average income per capita is quite a bit higher compared with the world’s average. Progressive legislation, relatively low taxation, a developed bank infrastructure and secrecy have made Switzerland secure and attractive not only for international investors, but also for setting up businesses related to cryptocurrencies. Switzerland is one of the first countries to have shown a positive attitude toward Bitcoin. In Switzerland, cryptocurrency regulation provides decent conditions and support for investments, ICOs and developments.
Swiss crypto ETP issuer 21Shares has increased its managed crypto assets from $500 million to $1 billion in less than two weeks.12692
The Swiss canton of Zug is now accepting Bitcoin and Ether for tax payment from local companies and individuals.10675
Statista has found that one-in-three Nigerians held or used crypto assets during 2020.17138
21Shares’s Crypto Basket ETP has also replaced Bitcoin Cash with Polkadot.12178
The first phase of Switzerland’s two-part crypto and blockchain regulatory framework is effective as of today.17651
CoinShares' CSO says the firm is “starting 2021 off with a bang” by launching a $200 million physically-backed Bitcoin ETP on Switzerland’s SIX exchange.9102
A palladium fund founded by Norilsk Nickel will launch exchange-traded commodities for metals custodied using blockchain at the Deutsche Börse and London Stock Exchange.4281
Swiss SIX Exchange has listed BTCetc Bitcoin ETP, a new crypto ETP product backed by London investment firm ETC Group.9288
When it comes to crypto regulation, the United States is falling further behind more progressive and visionary nations.10944
These five countries have led the way in driving cryptocurrency and blockchain adoption in 2020.14380
Crypto banks offer an integrated solution that is connected to the traditional financial world — which, most importantly, is compliant with regulations.10663
CB Insights and Blockdata release their first “Blockchain 50” list, highlighting interesting findings behind innovative blockchain companies.10790
Sygnum claims it is the first bank in the world to tokenize its shares.7515
The new platform aims to establish an institutional corridor between Europe and Asia.5437