Crypto Projects in Switzerland, Liechtenstein Worth About $383B
The value of cryptocurrency projects in Switzerland and Liechtenstein is worth over $350B, with the largest of them all being the Ethereum Foundation. As of January 16, a report by the Swiss venture capital firm Crypto Valley (CV VC) indicates that Ethereum, operating under the Ethereum Foundation, is the most valuable project from both nations, […]
BBVA Boosts Its Crypto Services with Metaco’s Harmonize Platform
BBVA Switzerland has announced a major expansion of its partnership with Metaco, a Ripple-owned company that provides digital asset custody and tokenization solutions. BBVA will migrate its crypto operations to Metaco’s Harmonize platform, which offers speed, efficiency, and top-tier governance. The Swiss private banking arm of the Spanish banking giant BBVA has taken a significant […]
BIS, 3 Central Banks Test Cross-border CBDCs
On September 28th, the Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland concluded a joint test of the cross-border trading and settlement of wholesale central bank digital currencies (CBDCs). Under the supervision of the BIS, the Banque de France, the Monetary Authority of Singapore, and the Swiss National Bank […]
Hong Kong Tops Crypto-Ready Region Again
Hong Kong again topped the Crypto Readiness Report for 2023 with a Crypto Readiness Score (CRS) of 8.36. This rating has been led by Hong Kong for two years. The report, which evaluated several factors, including cryptocurrency infrastructure, accessibility, and legal support, disclosed that Hong Kong faced formidable competition from other leading nations. Switzerland notably […]
Thailand, Singapore Ban Crypto Staking for Retail
Thailand and Singapore have announced new rules to ban crypto exchanges from offering lending and staking services to retail investors. Thailand and Singapore have joined forces to crack down on crypto staking activities for retail investors. The regulators of both Southeast Asian nations have issued new rules to ban crypto exchanges from offering lending and […]