Switzerland News

Switzerland-based blockchain startup Aleph Zero has launched a testnet for its ZK-privacy layer-2 solution zkOS capable of achieving “subsecond proving times.” Aleph Zero, a Swiss firm focused on developing privacy-first blockchain solutions, is launching the developer testnet for its Aleph…

The Swiss National Bank moves forward with its digital franc pilot, extending it by at least two more years. The Swiss National Bank (SNB) has decided to extend its pilot program for issuing a wholesale central bank digital currency (CBDC)…

Binance head Richard Teng says the exchange is in “close touch” with its customers regarding the bankruptcy of FlowBank, which stored the exchange’s clients trading collateral. Cryptocurrency exchange Binance seems unaffected by FlowBank‘s bankruptcy, following the Swiss regulator’s announcement on…

Swiss National Bank Chair Thomas Jordan says public central bank digital currency is unnecessary, suggests focusing on interbank trials. Switzerland is unlikely to introduce a public central bank digital currency (CBDC) in the near future, as risks associated with the…

Raided by a Swiss prosecutor, Tyr Capital Partners is facing accusations of criminal mismanagement due to its ties to FTX. The Switzerland-based crypto hedge fund, Tyr Capital Partners, came under scrutiny in August 2023 after investors raised concerns about its…

Switzerland-based crypto bank Sygnum AG has secured over $40 million in a funding round led by asset manager Azimut Holding. The Zurich-headquartered crypto-friendly bank Sygnum AG is set to double down on its acquisition plans and expansion, with the latest…

A former executive at Credit Suisse has rolled out a new crypto trading platform, targeting banks and securities firms only. David Riegelnig, who held several senior management positions at Credit Suisse until 2015, is now making a bet on cryptocurrencies…

BBVA Switzerland has migrated its crypto custody services to Ripple-owned infrastructure provider Metaco. Under the collaboration agreement, BBVA Switzerland will be using Metaco‘s Harmonize platform to connect between multiple blockchain networks, according to a press release published on Dec. 7,…

As of today, the Swiss city of Lugano has implemented a policy to accept cryptocurrencies, including Bitcoin and Tether, for the payment of municipal services and taxes.

Swiss asset manager Pando Asset seeks SEC approval for a spot Bitcoin ETF, a step towards integrating crypto into mainstream finance.

The Swiss National Bank (SNB), has announced a pilot program for a CBDC in collaboration with six commercial banks

According to a Nov. 2 post on X, SEBA Bank has announced a new partnership with St. Galler Kantonalbank (SGKB) to offer users the chance to buy and trade cryptocurrencies like Bitcoin and Ether.

Keyrock, a market maker based in Belgium, announced that it received approval from the Swiss Financial Services Standards Association (VQF)

Hypothekarbank Lenzburg, a regional Swiss bank with over $7 billion in assets, became the sixth Swiss bank to join Six Digital Exchange (SDX)

Swiss investment bank Credit Suisse and the Swiss Football Association (SFA) have collaborated on an NFT collection to support women’s football, featuring 756 digital art portraits of Swiss national team players. In an official press release, the collaboration announced the…

Africrypt founders who defrauded South African retail investors 70,000 BTC in 2021 are being investigated by Swiss authorities for money laundering