Switzerland Approves First Bitcoin-Cryptocurrency ETF with Ticker $HODL

The Bitcoin ETF $HODL, offered by Amun Crypto, will begin trading on Switzerland’s Six Swiss Exchange beginning next week. The ETF’s earnings will be linked to five different cryptocurrencies. The ETF is being offered by Amun Crypto, a U.K. based fintech company. It will begin trading on Six Swiss Exchange next week. Six is Switzerland’s chief […]

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Swiss Regulator: Crypto Assets Need 800% Risk Weighting In Absence Of Formal Rules

Swiss financial regulator has informally signaled cryptocurrency investments should have a risk weighting ratio of 800 percent of the original amount. FINMA Highlights Bank, Dealer Queries According to local news media outlet Swissinfo, the Swiss Financial Market Supervisory Authority (FINMA) revealed the figure in October in response to a query by trustee and accountant association […]

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Summer Capital and Black River Invest in Swiss Crypto Bank Start-up

Swiss startup SEBA Crypto AG has received investments from major firms like Hong Kong’s Summer Capital and Black River Asset Management.  Summer Capital Stakes in SEBA Crypto AG Summer Capital, an asset management company from Hong Kong handling upwards of $1 billion, has taken a stake in a Swiss-based start-up called SEBA Crypto AG. The […]

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Swiss Government Orders Preliminary Report on State-Issued E-Franc Cryptocurrency

Osato Avan-Nomayo · May 19, 2018 · 12:00 pm The Swiss government appears to be taking concrete steps in going forward with its plans to create a state-issued cryptocurrency. The government of the Alpine nation has requested a preliminary report on the risks and opportunities of the e-franc. Switzerland is one of the crypto-friendliest countries […]

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