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Arab Bank Switzerland becomes another financial institution in Switzerland to test the waters of the blockchain and crypto space. According to a report released on September 19, the bank, which specializes in private banking, is in a new partnership with blockchain technology company Taurus in a bid to enable its customers to access crypto-asset products. [...]
Maerki Baumann Private Bank based in Zurich revealed it will offer support for cryptocurrency. Switzerland is known as a crypto-friendly country, and the fact that another financial giant is entering the crypto sector is once again demonstrating its intentions. Last year, Falcon Private Bank, a Swiss financial institution, was among the few banks that believed [...]
The Swiss Financial Market Supervisory Authority (FINMA) has launched an investigation that focuses on crypto startup Envion AG. According to a press release issued on July 26, Envion AG is suspected of breaking the financial market laws by conducting a $100 million ICO back in January 2018. “Investigations carried out by FINMA to date indicate [...]