The Swiss stock exchange is launching its own cryptocurrency exchange

“SIX, the company that owns and operates the Swiss stock exchange, on Friday announced plans to launch a fully regulated cryptocurrency exchange, showing continued institutional interest in the space.”

Read more: http://www.businessinsider.com/swiss-stock-exchange-operator-six-launching-cryptocurrency-exchange-2018-7

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Switzerland looks to liberalise cryptocurrency banking access

“Switzerland’s fast-growing cryptocurrency industry could have full access to conventional banking services by the end of the year, removing one of the restrictions to future growth, a top Swiss policymaker has said.”

Read more: https://archive.fo/MH3sJ#selection-1629.0-1629.61

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Switzerland’s ‘Crypto Valley’ Set To Test Blockchain Voting

“Residents of the Swiss city, Zug, will use the city’s eID system to vote using their smartphones this month as part of a blockchain based voting test.”

Read more: https://www.ccn.com/switzerlands-crypto-valley-set-to-test-blockchain-voting/

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Switzerland Shows the Way: Bank First to Offer Crypto Business Accounts

Hypothekarbank Lenzburg announced this week it was accepting cryptocurrency related businesses as account holders, something many legacy financial institutions outright refuse.”

Read more: https://news.bitcoin.com/switzerland-shows-the-way-bank-first-to-offer-crypto-business-accounts/

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The Wealthy Are Hoarding $10 Billion of Bitcoin in Bunkers

“Argentine entrepreneur Wences Casares has spent the past several years persuading Silicon Valley millionaires and billionaires that Bitcoin is the global currency of the future, that they need to buy some, and that he’s the man to safeguard it.”

Read more: https://www.bloomberg.com/news/articles/2018-05-09/bunkers-for-the-wealthy-are-said-to-hoard-10-billion-of-bitcoin

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Russian State Bank Will Open a Cryptocurrency Exchange in Europe

“Switzerland has an open policy towards cryptocurrencies. Indeed, Sberbank has decided to open a cryptocurrency exchange in Switzerland and not in Russia because of the regulations and prohibitions. The report explains that Sberbank is not planning to offer its services to retail investors but it will be for institutional investors. That means that only legal entities will be able to use the cryptocurrency exchange.”

Read more: https://usethebitcoin.com/russian-state-bank-will-open-cryptocurrency-exchange-europe/

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Peak Cantillon Effect: Swiss National Bank Prints Its Way To Prosperity

“The SNB raked in ENORMOUS investment profits because they printed hundreds of billions of francs, which inflated the prices of assets that they themselves were buying.  And today, because of those artificial investment gains that they engineered for themselves, the SNB is now the most profitable company in the world.  Oh, and just so you know the other half of the story, while the central bank is raking in record profits, total debt in Switzerland has skyrocketed.”

Read more: http://www.thedailybell.com/news-analysis/this-funds-investment-performance-rivals-bitcoin-puts-warren-buffett-to-shame/

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Swiss Central Bank Bails Out Firm That Prints Swiss Banknotes

“In the most ironic story of the day, the company that makes the paper that Swiss banknotes are printed on was just bailed out by the money-printing, stock-purchasing, plunge-protecting, savior-of-global equities…Swiss National Bank.”

Read more: https://www.zerohedge.com/news/2017-12-21/unprecedented-intervention-swiss-central-bank-bails-out-firm-prints-swiss-banknotes

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There Will Be No Viking Longboats Cruising the Mississippi

Switzerland-based Viking Cruises, which wanted to build and send small cruise ships up the Mississippi River, leaving new tourism dollars for river towns in its wake, is backing off its plan.  Our own federal laws are to blame. More specifically, President Grover Cleveland’s Passenger Vessel Services Act (PVSA). The 1886 law requires that in order to ferry passengers between ports in the United States, the ship must have been built in the United States and be owned and operated by Americans.”

Read more: http://reason.com/blog/2017/12/15/there-will-be-no-viking-longboats-cruisi

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Swiss government announces launch of blockchain taskforce

“The Swiss government has created a blockchain taskforce to begin regulatory framework on startups and initial coin offerings. Switzerland has long been accepting toward blockchain startups and cryptocurrency organisations, and is home to ‘Crypto Valley,’ a region in the country known for the number of companies developing projects based on the technology.”

Read more: https://www.openaccessgovernment.org/swiss-government-creates-blockchain-taskforce/41067/

 

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