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“# Swiss crypto bank Sygnum tokenizes shares and prepares for public offering ” Sygnum, a major cryptocurrency bank in Switzerland, has successfully tokenized its shares on a blockchain in preparation for its upcoming public sale. According to an official Dec. 14 announcement, the bank tokenized its shares on the Ethereum blockchain using a proprietary tokenization…
“#Swiss nightclub, shuttered by COVID-19, reborn as blood donation center” LAUSANNE -A Swiss nightclub shuttered by COVID-19 restrictions has been converted into a temporary blood donation center, bringing new life to an empty multi-floor warehouse that previously heaved with revelers. Chandeliers that used to illumine the dance floor for thousands of party-goers at the MAD…
“# Japanese SBI and Swiss SIX plan joint crypto venture in Singapore ” Switzerland’s principal stock exchange, SIX Swiss Exchange, and Japanese financial giant SBI Holdings have announced a joint cryptocurrency-related venture. According to a Dec. 8 announcement, the firms’ digital asset-related subsidiaries, SIX Digital Exchange and SBI Digital Asset Holdings, are launching a new…
“#Boxer Viviane Obenauf suspected of beating husband to death” A former professional boxer is a prime suspect in the bludgeoning murder of her husband, whose body was found inside their apartment in Switzerland. Brazil-born bruiser Viviane Obenauf, 34, is suspected of clobbering her hubby “with a blunt object” inside the home they shared, the UK’s…
“# Swiss National Bank and BIS complete digital currency proofs-of-concept ” The Bank for International Settlements and the Swiss National Bank and are exploring the benefits of implementing a central bank digital currency, or CBDC, using blockchain technology. According to a Dec. 3 announcement, the BIS Innovation Hub Swiss Centre, or BISIH, has successfully completed…
“# Facebook’s Libra to reportedly launch in January 2021 as USD stablecoin ” The long-awaited digital currency Libra could finally see the light of day as soon as January 2021, according to a new report. Following more than a year of scrutiny from global financial regulators, Libra will launch in a form of a United…
“# Russia’s Gazprombank debuts Bitcoin trading in Switzerland ” Gazprombank Switzerland, a subsidiary of one of the largest banks in Russia, has piloted its Bitcoin (BTC) transaction service following regulatory approval by Swiss regulators. According to a Nov. 19 announcement, Gazprombank will provide its new cryptocurrency solution in collaboration with its long-running partners like fintech…
“#Swiss to ban deducting bribes from taxes starting in 2022” Swiss companies will no longer be able to deduct bribes paid to private individuals from their taxes, Switzerland’s government said Wednesday, according to an update of tax laws due to take effect on Jan. 1, 2022. Beyond bribes, costs from financing criminal activities or money…
“# Blockchain-based agri-commodity trading to tap world’s largest wheat market ” Following two years of pilot testing, a blockchain trade and financing platform for global agricultural trading has seen its commercial rollout from Swiss developer Cerealia SA. The launch follows extensive pre-launch trial implementation with firms from Algeria, Brazil, Dubai, Japan and Ukraine. In November…
“#What is Switzerland famous for?” In Switzerland’s episode of the most extraordinary things across the globe series, we have invited our fellow blogger Aurimas Pocius of “golookexplore.” What is Switzerland famous for? This is his fantastic response! Switzerland is a very unique small Alpine country situated next to the big neighbors: Italy, Germany, France, little…