GAM Investments has called fake news on a fabricated announcement claiming it would invest $3 billion to help Luna/UST recovery efforts.
Switzerland News
A popular but expensive vacation site, the European country of Switzerland boasts a mountainous landscape. Switzerland is home to the Alps, although the mountain range also spans several other European regions. Among Switzerland’s industries, finance stands out as a top sector. The country’s official languages include French, German, Italian and Romansh.
Life in Switzerland is expensive compared with a number of other countries, including the United States. The Swiss franc is Switzerland’s main currency. Switzerland is a country that is friendly to crypto and blockchain, and home to numerous industry companies and regulation that is sensitive to the sector. In Switzerland, cryptocurrency has become a focal point within the nation’s Zug canton, nicknamed “Crypto Valley.”
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LGT Bank has partnered with the Swiss crypto bank Seba to offer custody and trading services for Bitcoin and Ether.
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The NYM Innovation Fund will support research on mixnets and privacy-enhancing technologies.
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ICP-powered ORIGYN is leveraging blockchain and biometric technology to tackle the issue of counterfeit watches.
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Launched in cooperation with ByteTree, the new BOLD ETP by 21Shares comprises 18.5% of BTC and 81.5% of gold at launch.
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The Swiss firm will conduct all interactions with the Liquity smart contract on its clients’ behalf, but only a select few with over $500,000 on the platform will have access to the product.
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The BTCO2 and ETH2O ETPs seek to expose investors to the world's two most valuable cryptocurrencies while offsetting their carbon footprints.
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Prior to the latest approval, Sygnum Singapore was only allowed to offer asset management activities with its CMS license.
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The catastrophe unfolding in Ukraine will have long-lasting consequences for the crypto space, too.
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Headquartered in Switzerland, FTX Europe will offer FTX products in Europe, including crypto derivatives services.
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Residents of the Switzerland city will be able to pay taxes, parking tickets, public services and tuition fees using crypto.
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The Swiss regulated banking institution has partnered with a renowned native artist to auction digital assets investment opportunities in three physical sculptures.
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The ultimate goal is to accept crypto for payment of all goods and services in the city of Lugano, the city administration said.
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“Joseph Lubin is the majority shareholder of both companies. The transaction was to the detriment of the minority shareholders of CAG and to the benefit of Joseph Lubin personally,” the group alleged.
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“Incorporating fundamental metrics in index creation offers investors the possibility to allocate in the most efficient DeFi tokens based on rational economic indicators," said Compass Financial Technologies CEO Guillaume Le Fur.
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