Tag: switzerland

  • Dubai
    Industry

    Islamic Scholars Approve Swiss-Based Value Preservation Payment Token X8X

    X8 AG, a Switzerland-based blockchain technology company and creator of value preservation payment token X8X, has obtained the approval from Islamic scholars in order to be marketed as a Sharia-compliant digital currency. The certification will allow the business to expand in the Middle East as regulators and financial...

    Ricardo Esteves | November 13, 2018 | 11:00 am
  • ICO
    Technology

    Swissquote Becomes First Bank Worldwide to Launch ICO Service

    Online Swiss bank Swissquote announced the launch of its ICO offering, becoming the first bank worldwide to allow customers to buy tokens issued within an initial coin offering (ICO) supported by the Swissquote platform. Swiss Diamond Producer Set to Raise $60.73 Million in First Bank-Mediated ICO Ever As...

    Ricardo Esteves | October 22, 2018 | 8:05 pm
  • Seoul
    Blockchain

    Seoul to Promote Blockchain Through a 100 Billion Won Fund

    The Mayor of Seoul has unveiled plans that will further promote blockchain industries. His plans include a 100 billion won fund, as well as a large blockchain complex that will house over 200 companies. Expanding the Blockchain Industry Park Won-soon, Seoul’s acting Mayor rolled out the plans that...

    Ali Raza | October 4, 2018 | 5:00 pm
  • Switzerland
    ICO

    Switzerland to Ease Regulation for Cryptocurrency Ecosystem

    Once called “Crypto Nation,” Switzerland has recently been driving away the ecosystem after setting up a more stringent regulatory framework. Having dropped from second place last year to sixth in 2018, in a PwC country ranking of the sum of initial coin offering (ICO) funds raised, the government is...

    Ricardo Esteves | July 19, 2018 | 7:30 pm
  • Blockchain

    Swiss National Bank is Skeptical of National State-Issued Crypto

    Business Insider reported that Thomas Moser, a key member of management at the National Swiss Bank, believes that governments have lost interest in state-issued crypto or digital currencies. Thomas Moser: “Enthusiasm Has Slowed” For National Crypto While at a cryptocurrency conference in Zug, Switzerland, the representative of the...

    Nick Chong | June 24, 2018 | 3:17 am
  • bitfinex
    Bitcoin

    Bitfinex Adds New Fiat Trading Pairs and Deposit Options to Platform

    One of the largest cryptocurrency exchanges on Earth is adding additional trading pairs and fiat currencies to its platform. Bitfinex stated in a blog post today that they have expanded the number fiat currencies they will accept to include both Japanese Yen and British Pound Sterling. Additional Trading...

    Rick D. | March 29, 2018 | 6:30 pm
  • Swiss
    Industry

    Swiss Authorities Indecisive on Zug’s Crypto Valley

    Cryptocurrency is slowly gaining traction in Switzerland. This is mainly due to the Zug region, which effectively allows people to spend cryptocurrency for regular purchases. Swiss regulators, on the other hand, remain on the fence about cryptocurrency. In fact, some officials are concerned this Crypto Valley label will...

    JP Buntinx | March 20, 2018 | 10:00 am

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