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Spar will launch crypto and stablecoin payments across 300 Swiss supermarkets via Binance Pay and DFX.swiss, marking a retail first for the country. Global grocery giant Spar is enabling stablecoin and cryptocurrency payments in its stores across Switzerland, marking what the company says will be the first nationwide rollout of digital asset payments in the…
The iconic statue of pseudonymous Bitcoin creator Satoshi Nakamoto has become a textbook symbol of the global Bitcoin movement. The iconic “disappearing” statue of pseudonymous Bitcoin (BTC) creator Satoshi Nakamoto, reported stolen on Saturday, has been recovered, according to Satoshigallery, the art collective responsible for installing the statue. Municipal workers from the city of Lugano,…
As Bitcoin’s value skyrockets, governments may turn to wealth taxes to tap into unrealized gains, raising questions about the future of crypto taxation. Opinion by: Robin Singh, CEO of Koinly Is there a catch for Bitcoin hodlers, with the asset’s price up over 600,000% since the beginning of 2013? Perhaps — if governments keep waking…
Switzerland has long been synonymous with precision, innovation, and timeless elegance in design. From watches to architecture – the Swiss approach combines form and function in ways that continue to influence global design standards. We have curated a collection of five exceptional designs that showcase the scope and ingenuity of Swiss design, demonstrating why Switzerland…
Swiss National Bank President Martin Schlegel said Bitcoin is too volatile and lacks sufficient liquidity to be a reserve asset, which is currently being proposed in Switzerland. Swiss National Bank (SNB) President Martin Schlegel reportedly doesn’t want to make Bitcoin a reserve asset in Switzerland — citing a lack of stability, liquidity concerns and security…
Switzerland has been named the new country of honor for the upcoming Marché du Film, the 2024 Cannes Film Market, which will run May 14 to 22, 2024. The small Alpine nation punches above its weight on the international film scene, in large part due to its positioning as an ideal co-production partner, with a…
UBS agrees to buy banking rival Credit Suisse in emergency rescue The foundering Credit Suisse bank is set to be acquired by its rival UBS, the largest bank in Switzerland, in an emergency purchase meant to stave off a wider crisis in the global banking system. The $3.2 billion takeover of Credit Suisse by UBS…
” Swiss Bankers Association proposes deposit tokens to develop digital economy “ The Swiss Bankers Association released a white paper on how Swiss banks can support the development of the country’s digital economy. A Swiss franc “joint” deposit token is the solution the group settled on. Stablecoins have limited penetration in the Swiss financial system,…
” ShapeShift responds to Sen. Warren’s comments to ‘set the record straight’ “ Non-custodial crypto platform ShapeShift refuted United States Senator Elizabeth Warren’s claims of “illicit financing,” suggesting that she used the platform as a scapegoat to “push” her latest crypto bill, according to a recent statement. ShapeShift stated in a tweet on Feb. 19…
” Bitcoin dialogue at WEF requires ‘open-mind’ — Davos 2023 “ The World Economic Forum (WEF) convenes in Davos annually, taking over the Swiss skiing town. The main promenade is flush with events and companies renting out properties, with an increasing presence from companies in the cryptocurrency and blockchain space. The entrance to the WEF…