Tag: swiss

  • metals

    Metal-Backed Tiberius Coin ICO Put on Hold Due to High Credit Card Fees

    This Tuesday, Tiberius Technology Ventures temporarily halted sales of its metals-backed digital currency Tiberius Coin. The firm plans to refund $1 million to investors due to high credit card fees that it said made the project unworkable. Tiberius Coin Explained In January of this year the concept first...

    newsbtc | October 10, 2018 | 10:00 am
  • Industry

    Swiss Startup Raises Over $100 Million to Build Crypto Bank

    A Swiss startup has raised $104 million in funding to build a regulated crypto bank. Zug-headquartered Seba Crypto AG said it netted 100 million Swiss Francs from private and institutional investors. Backed by two former UBS managers Guido Buehler as CEO and Andreas Amschwand as chairman, Seba is now...

    Davit Babayan | September 27, 2018 | 12:30 pm
  • Switzerland to Give its Central Bank Monopoly on Money Creation. newsbtc bitcoin news

    Switzerland to Give its Central Bank Monopoly on Money Creation

    The Swiss federal government confirmed on December 22 that it will hold a referendum to determine the authority of commercial bank in the country in creating money. The announcement of the government followed a campaign led by the Swiss Sovereign Money movement known as the Vollgeld initiative which...

    Joseph Young | December 25, 2015 | 10:10 am
  • Swiss Regulators Halt Bitcoin ATM Launches

    There’s no doubt about the fact that both the legal and regulatory landscape surrounding bitcoin and bitcoin ATMs are still, well, unclear. And while most regulators have allowed for the launch of bitcoin businesses anyway, the Swiss Financial Market Supervisory Authority (FINMA) is hitting the brakes on one company’s...

    Jayanand Sagar | June 4, 2014 | 8:07 am
  • Swiss Parliament Gearing Up to Vote on Treating Bitcoin as Foreign Currency

    In early December there was a mention of members in the Swiss Parliament wanting to treat bitcoin as a foreign currency. In that article, we wrote, “Forty-five members of the Swiss parliament have agreed to sign a postulate that considers bitcoin a foreign currency.” Now, the Swiss Parliament...

    Jayanand Sagar | December 23, 2013 | 10:42 am
  • Uncategorized

    Swiss Parliament: Bitcoin Should Be Treated as a Foreign Currency

    While bitcoin has had the history of being seen as a voucher in the United Kingdom and a hobby in places like China, Switzerland is taking a much difference approach. Forty-five members of the Swiss parliament have agreed to sign a postulate that considers bitcoin a foreign currency (that...

    Jayanand Sagar | December 9, 2013 | 2:44 pm

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