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“#Swiss mountain for sale for just $235K on eBay” It’s a sky-high sale. A scenic “tabletop” mountain in Switzerland is on the market for a rock-bottom price on eBay. The Zirkelstein, the smallest table hill of Saxon Switzerland, a renowned hiking and climbing area near the Elbe Valley, was originally listed for $1.2 million in…
“#Over a quarter of COVID-19 patients still symptomatic after 6 months, study finds” A study of adults in Switzerland who had contracted COVID-19 found that a quarter of them still had symptoms for six to eight months following their illness. Fatigue, shortness of breath and depression were the most common long-term symptoms reported among the group, which…
“#Swatch profitable again as sales tick up 50 percent” Swatch Group returned to profit in the first six months of 2021 and its sales jumped more than 50 percent as demand recovered from the low point of the COVID-19 pandemic, the Swiss watchmaker said on Monday. The maker of Tissot, Longines and Omega watches and…
“# Deutsche Boerse acquires majority ownership of Crypto Finance AG ” Deutsche Boerse has acquired a majority stake in Crypto Finance AG — a Swiss digital asset firm. According to a release issued on Tuesday, the German stock exchange operator has bought a two-thirds stake in the digital asset company. Though the financial details of…
“# Blockchain not suitable for CBDC, says Swiss national bank economist ” Blockchain, the underlying technology of cryptocurrencies like Bitcoin (BTC), is not the right solution for a central bank digital currency, according to an economist at Switzerland’s central bank. Carlos Lenz, chief economist at the Swiss National Bank, argued that blockchain-based decentralization features are…
“# Banque de France tests digital currency-based securities settlement ” The central bank of France — Banque de France — is continuing its work on the development of a European central bank digital currency (CBDC). On Monday the bank officially announced the successful completion of a CBDC experiment with major Switzerland-based cryptocurrency bank SEBA. Conducted in…
“# Banking giant BBVA debuts Bitcoin trading and custody for Swiss clients ” Banco Bilbao Vizcaya Argentaria (BBVA) — Spain’s second-largest bank — is set to offer Bitcoin (BTC) trading and custody services in Switzerland. According to a release issued on Friday, BBVA Switzerland will begin Bitcoin trading for all private banking clients interested in…
“#Trump blasts Biden-Putin summit saying ‘good day for Russia’” Former President Donald Trump said Wednesday night that his successor’s summit meeting with Russian President Vladimir Putin was “a good day for Russia” and added that “I don’t see what we got out of it.” “We didn’t get anything. We gave a very big stage to…
“# BIS joins France and Switzerland’s central banks on cross-border CBDC project ” The Bank of France and the Swiss National Bank are teaming up with the Bank for International Settlements’ Innovation Hub to test a wholesale central bank digital currency (CBDC) system dubbed “Project Jura.” According to a release by the Bank of France…
“# Global banking regulator plans to hold consultation on crypto exposure ” The Basel Committee on Banking Supervision has said it will be publishing a consultation paper aimed at banks reducing their risk of exposure to crypto. According to the Switzerland-based Bank of International Settlements, or BIS, the Basel Committee will publish the paper on…