Switzerland

(Thiago de Andrade/ Unsplash)
Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says
FINMA's guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers' deposits.
(Thiago de Andrade/ Unsplash)

Trading (Pixabay)
Sygnum's First-Half Spot Crypto Trading Doubles, Derivatives Increase 500%
The surging trading volumes helped the bank reach profitability for the first time.
Trading (Pixabay)

View of Zug, Switzerland, from the lake, with mountains in background. (Louis Droege/Unsplash)
Swiss Regulator Shutters Crypto-Linked FlowBank, Begins Bankruptcy Process
FINMA announced Thursday that FlowBank’s minimum capital requirements were found to have been “significantly and seriously breached.”
View of Zug, Switzerland, from the lake, with mountains in background. (Louis Droege/Unsplash)

Custody (Autumn_ schroe/Unsplash)
BCB Group Moves Custody of Digital Asset Operations to Metaco’s Platform
The move will allow the crypto payments firm to consolidate its custody technology.
Custody (Autumn_ schroe/Unsplash)

(Christian Wiediger/Unsplash)
21Shares Lists ETP for Staking Telegram-Endorsed Token TON
The 21Shares Toncoin Staking ETP (TONN) listed on Swiss SIX Exchange on Wednesday.
(Christian Wiediger/Unsplash)

Art installation reminiscent of digital ecosystems
Sygnum Tokenizes $50M of Fidelity International Fund as Matter Labs Moves Reserves to Blockchain
The move was part of zkSync developer Matter Labs' long-term goal to move its treasury reserves to a blockchain.
Art installation reminiscent of digital ecosystems

View of Zug, Switzerland, from the lake, with mountains in background. (Louis Droege/Unsplash)
Figment, Apex to List Ether and Solana Staking ETPs on SIX Swiss Exchange
Interest in ETH and SOL has increased substantially over the past few months and the ETPs will contribute to greater access to staking rewards for a wide audience, Figment sai...
View of Zug, Switzerland, from the lake, with mountains in background. (Louis Droege/Unsplash)

Switzerland flag (Stephen Leonardi/Unsplash)
Swiss Crypto Hedge Fund Tyr Capital Clashes With Client Over FTX Exposure: FT
Tyr investor TGT has brought claims against the hedge fund that it ignored several warnings over its ties with the now-bankrupt crypto exchange FTX.
Switzerland flag (Stephen Leonardi/Unsplash)

Funding (Gerd Altmann/Pixabay)
Swiss Crypto Bank Sygnum Inches Closer to 'Unicorn' Status With $40M Raise
The company said that its initial target for the funding round was $35 million.
Funding (Gerd Altmann/Pixabay)

(Christian Lue/Unsplash)
Crypto Needs Cohesive Regulation – A Look at Europe’s MiCA
From the U.S. to South Asia, jurisdictions are creating a patchwork of crypto regulatory regimes, making international business harder. Europe, with its bloc-wide Markets in...
(Christian Lue/Unsplash)