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“# Phase one of Switzerland’s blockchain law goes into effect ” On Monday, part one of the Swiss blockchain law covering company reforms went into effect. Back in September 2020, the country’s parliament passed an expanded regulatory framework for crypto and blockchain technology in the country. According to a Swissinfo report, the implementation of the…
“# CoinShares to launch $200m Bitcoin ETP on Swiss stock exchange ” Digital asset manager CoinShares is launching a Bitcoin exchange-traded product, or ETP, on the SIX Swiss Exchange. According to a report from Bloomberg today, the Bitcoin ETP will go live on Switzerland’s principal stock exchange tomorrow under the ticker symbol BITC. Each ETP…
“# Nornickel to use blockchain for its new ETCs on Deutsche Börse and LSE ” The world’s largest producer of palladium and high-grade nickel, Norilsk Nickel, is pressing ahead with its digital technologies strategy. As of Jan. 18, Nornickel’s Global Palladium Fund has launched exchange-traded commodities, or ETCs, for metals on the Deutsche Börse, which…
“# Exchange-traded products abound, but crypto is still waiting for an ETF ” Swiss SIX Exchange, Switzerland’s principal stock exchange, continues to expand its crypto products with a new Bitcoin (BTC) exchange-traded product, or ETP. On Jan. 13, SIX launched trading of the BTCetc Bitcoin ETP (BTCE), a new crypto ETP product issued by London-based…
“# The US has already lost the 2020 crypto regulation race to Europe ” 2020 has been a stellar year for the crypto economy, with more enterprises and institutions than ever before implementing the technology. Big announcements, such as PayPal’s decision to enable its users to buy and sell Bitcoin (BTC), have understandably dominated the…
“#FIFA accuses Sepp Blatter of ‘criminal mismanagement’” FIFA on Tuesday accused former president Sepp Blatter and others of “criminal mismanagement” over their handling of a $565 million museum project. Soccer’s worldwide governing body said it filed a criminal complaint with the state prosecutor in its home base of Zurich, Switzerland after finding that Blatter and…
“#Credit Suisse charged in Bulgarian money laundering probe” Swiss prosecutors charged Credit Suisse on Thursday over alleged failings related to a Bulgarian crime ring involving top-level wrestlers accused of laundering cocaine trafficking proceeds more than a decade ago. Switzerland’s attorney general said in a statement that an unnamed former Credit Suisse manager and two alleged…
“# Crypto banks are the sector’s game-changers ” The crypto space has come a long way since its inception in 2008. Many areas have improved over the last 12 years, such as custody and exchange solutions. If you ask the early adopters of crypto, they can tell you stories about how hard it was to…
“# CB Insights’ Blockchain 50 lists US, UK and Switzerland as adoption hotbeds ” Research firm CB Insights and Blockdata, the data company acquired by CB Insights in September of this year, have unveiled their first-ever annual “Blockchain 50” list, which consists of 50 private companies applying or analyzing blockchain technology to solve business- or…
“#Swiss running shoe On opens first store in NYC” A Swiss sneaker brand that counts Roger Federer among its investors is opening its first store ever on Wednesday in lower Manhattan. On, whose running shoes sell for about $150 to $200 a pair, has made its shoes available in Nordstrom, REI, JackRabbit and other high-end…