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Lugano teams with Tether to drive citywide blockchain adoption

Tether, the issuer of stablecoin USDT, has announced a partnership with the Swiss city of Lugano to enhance the city’s robust blockchain infrastructure, according to a report by Tether on Aug. 22. As...

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Deutsche Bank to offer crypto services with Taurus as custody partner

Deutsche Bank, one of the leading financial institutions in the world, will integrate Swiss crypto firm Taurus’ digital asset custody and tokenization services for its clients, according to a Sept. 14...

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Central Banks look to unlock DeFi possibilities in cross-border CBDCs

The Bank for International Settlements (BIS), in collaboration with the central banks of France, Singapore, and Switzerland, has successfully concluded the testing phase of Project Mariana, an...

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Joseph Lubin, Consensys sued by early employees over 2020 restructuring

Ethereum (ETH) co-founder and Consensys CEO Joseph Lubin faces a lawsuit from 27 early employees who allege Lubin broke contractual agreements regarding equity shares. According to the lawsuit, filed...

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BBVA Switzerland selects Ripple-owned Metaco to power digital asset operations

BBVA Switzerland, the Swiss subsidiary of the Spanish banking behemoth BBVA, has announced a strategic partnership with Ripple-owned Metaco to build its digital asset operations via the latter’s...

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Swiss asset manager Pando Asset joins list of spot Bitcoin ETF applicants

The Switzerland-based asset management firm Pando Asset AG has filed for a spot Bitcoin exchange-traded fund (ETF), as seen in a Nov. 29 filing, marking another addition to the growing list of such...

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Swiss banks issue first digital bonds using real CHF wholesale wCBDC on...

Swiss banks, Cantons of Basel-City, and Zurich have successfully issued digital bonds using real CHF wholesale central bank digital currency (wCBDC) on SIX Digital Exchange (SDX). This marks the...

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Swiss city Lugano to accept Bitcoin, Tether for tax payments

Lugano, Switzerland, has broadened its tax and community fee payment options to include the option to pay in cryptocurrencies, including Bitcoin (BTC) and Tether’s USDT stablecoin, according to a Dec....

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Crypto funds break 11-week hot streak of inflows with $16M net outflows, amid...

Following 11 weeks of consistent inflows into digital asset investment products, outflows totaling $16 million showcased a slight reversal in the market. The latest CoinShares report highlights this...

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Davos attendees shift toward AI; Ripple and Circle executives comment

Tech companies attending Davos 2024 shifted toward artificial intelligence (AI) and away from cryptocurrency, according to various reports from CNBC on Jan. 16. Dante Disparte, CSO of the stablecoin...

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Notes from Davos: 10 things you should know about AI

The following is a guest post from John deVadoss. Davos in January 2024 was about one theme – AI. Vendors were hawking AI; sovereign states were touting their AI infrastructure; intergovernmental...

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Swiss prosecutors raid Tyr Capital over allegations of mishandling FTX...

Swiss authorities are investigating Tyr Capital, a crypto hedge fund, following accusations of disregarding risk warnings associated with the bankrupt FTX exchange before its November 2022 collapse,...

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