Cryptocurrency exchange Kraken recently announced that they will be acting to strengthen their ties to Switzerland, describing the country as a “kindred spirit” due to its positive approach to regulating and incubating growth within the crypto sector.To build a foundation within the country, the exchange recently began offering support of the Swiss Franc (CHF) while…
What’s “Lugano’s Plan B”? The 9th biggest city in Switzerland plans to become Europe’s Bitcoin city. And Tether is there to help. How will the two entities accomplish that? On March 3rd, Tether’s Paolo Ardoino and Michele Foletti, the Mayor of the city of Lugano, will unveil the plan at a live-streamed conference. #bitcoin and…
The Monetary Authority of Singapore (MAS) finally shortlisted 15 companies that will assist in developing retail CBDC. These firms will participate in the Global CBDC challenge and help build the in-house retail central bank digital currency. MAS announcement indicates that the participants include four companies from the United States and six from Singapore. There’s also…
The City of Lugano in Switzerland, the most important Italian-speaking city outside of Italy, is not playing around. The goal of their “Plan B” is to “make Lugano the blockchain hub for the entire Europe,” according to Tether’s Paolo Ardoino. And it will probably succeed. The city wants to attract investment and talent, attract wealth…
Crypto Finance, Inacta, and InCore Bank have combined to form the Swiss financial trio, and they have joined forces in establishing financial products regulated on Tezos. The three Switzerland firms focus on crypto; they use the Tezos blockchain to provide institutions tokenized assets. Their major target is to serve and satisfy institutional clients. FINMA is…
One of the controversial topics in recent times is the payment of tax on cryptocurrency gains. In the USA, the IRS termed virtual currencies as property which means that holders will pay taxes like holders of fundamental properties or stocks. The agency even sent a subpoena to many centralized cryptocurrency exchanges to give up the…
Scarce City X VESA = Bitram Auction Now LIVEGet ready for the legendary Scarce City dropping a hot auction with OG artist VESA. June 11-13th. Watch a video on how the artwork was made and what it is all about. It’s the first Bitcoin specific piece VESA has made in a couple years now exclusively…
Listen up, degens Summer’s out, and it is time to gear up for another season of Web3 and NFTs. Team VESA has enjoyed the refreshing (too much so at times) weather of our native Finland and some interesting connections and projects have immediately sprouted. Currently, VESA is in Switzerland for a top Web3 conference with…
Este artículo también está disponible en español. Leading Swiss bank Zurich Cantonal Bank is the latest financial entity to enter the crypto waters in Europe, as it unveiled Bitcoin (BTC) and Ethereum (ETH) trading services on September 4, 2024. Swiss Banking Juggernaut To Offer Crypto Services In its press release published today, the bank said…
Este artículo también está disponible en español. The return of Donald Trump to the presidency has caused a wave of enthusiasm in the digital asset market, with institutional investors making bold bets on cryptocurrencies like XRP and Solana. This trend is noted by the CoinShares’ Digital Asset Fund Flows Weekly Report, which reveals a historic…