#Swatch profitable again as sales tick up 50 percent

#Swatch profitable again as sales tick up 50 percent

“#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…

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# Blockchain not suitable for CBDC, says Swiss national bank economist

# Blockchain not suitable for CBDC, says Swiss national bank economist

“# 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…

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# Swiss Sygnum bank to offer custody for Internet Computer token

# Swiss Sygnum bank to offer custody for Internet Computer token

“# Swiss Sygnum bank to offer custody for Internet Computer token ” Switzerland-based cryptocurrency bank Sygnum is launching custody and banking services for Internet Computer (ICP) utility tokens. Sygnum announced Tuesday that ICP holders will be able to deposit their tokens with the bank’s institutional-grade segregated wallets. The firm said that it is the first…

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