The Switzerland-based Capital Markets and Technology Association has published a common industry standard for the custody and management of digital assets. The Switzerland-based Capital Markets and Technology Association (CMTA) has published a common industry standard for the custody and management of digital assets. Announced on April 30, CMTA’s “Digital Assets Custody Standard” aims to clarify […]
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Arab Bank Switzerland has closed a $10 million+ Series A financing round for Swiss digital asset infrastructure firm Taurus Group. Arab Bank Switzerland has closed a Series A financing round for Swiss digital asset infrastructure firm Taurus Group. While undisclosed, the amount is reported to be an “8-digit” figure in Swiss francs — implying a […]
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British payment startup Checkout.com has joined the Libra Association, becoming the 24th member committed to building a better global payment network. In a fresh move to revive Facebook-backed digital currency project Libra, the Libra Association has onboarded another member. British payment startup Checkout.com has joined the Libra Association, becoming the 24th member engaged with the […]
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Since white paper’s release in June 2019, Facebook’s Libra has continued to rely on blockchain architecture, vice chair Dante Disparte says. Despite existing concerns that blockchain is not mature enough to bring the new era of payments, the technology is being increasingly explored by global central banks. Blockchain technology meanwhile remains at the core of […]
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As the UAE’s deadline for its nation-wide blockchain revamp looms, DLT is becoming embedded in everyday life. The United Arab Emirates is approaching its 2021 deadline for migrating at least 50% of all government transactions onto distributed ledger technology-based platforms. Cointelegraph spoke to Leon Smith, the CEO of Dex — an Abu Dhabi-based crypto firm […]
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Bitcoin volatility is steadily increasing as the halving approaches, and investors can gain from bull and bear price action by betting on volatility. Many investors believe a significant price swing is about to happen, as the next Bitcoin (BTC) halving is now less than 15 days away. Despite its demonstrated and incredibly long term potential, […]
Continue ReadingSwitzerland’s “crypto valley” is in talks with the federal government for setting up a 100 million Swiss franc ($102.7 million) fund for helping the fintech companies. Switzerland’s “crypto valley”, a fintech friendly region near Zurich, is seeking a 100 million Swiss franc ($102.7 million) fund from the federal government. This fund is allocated to bail […]
Continue ReadingThe coronavirus pandemic is a make-or-break situation for crypto banks as many see opportunities despite the obvious setbacks. As 2020 staggers on, the scourge of the coronavirus is showing no sign of relenting any time soon. Since the reality of the pandemic took hold, it has revealed itself to be a black swan the likes […]
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Swiss Crypto Valley Assoc President said that the Coronavirus pandemic had a major impact on the local crypto ecosystem. The President of the Swiss Crypto Valley Association, or CVA, said that the Coronavirus pandemic had a major impact on the local crypto ecosystem. A recent report claims that the representatives of nearly 80% of crypto […]
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The days of a living, breathing Libra platform grow closer and closer. After a rocky road with the United States Securities and Exchange Commission, key decision-makers at Libra have gone back to the drawing board to re-tool their cryptocurrency platform to be more palatable to regulators. First of all, Libra has applied for a payment […]
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