Switzerland

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Swiss Officials Fear ICOs Will Tarnish Reputation of ‘Crypto Valley’ Zug

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Cryptocurrency foundations, community organizations, and entrepreneurs have helped put the lightly populated Swiss canton of Zug on the business world’s map. While the local administration has created one of the most welcoming environments for the industry, some voices fear possible negative repercussions such as bad press and an American regulatory backlash. Also Read: Survey Says … Read more

PR: Introducing Emotiq – a Next-Generation Blockchain with Powerful Scalability and Privacy

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Emotiq is a powerful, next-generation blockchain with strong consistency, massive scalability, fast throughput, confidential transactions, and a natural smart contract language. Conceived by a team of veteran developers, and committed to overcoming the unresolved challenges of the blockchain, it launched with a private Token Generation Event (TGE) on March 2nd. The post PR: Introducing Emotiq … Read more

Cryptocurrency Interest Wanes — Online Searches for “Bitcoin” Drop 80%

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Over the course of the past few weeks, cryptocurrency prices have been dropping in value. However, online interest is another trend plunging as well within the digital currency realm as Google Trends searches for the word “bitcoin” have descended to levels not seen since October of 2017. Also read: Japan’s DMM Bitcoin Exchange Opens for Business … Read more

Ex-Trump Chief Strategist Bannon: Cryptocurrencies Make Central Banks Redundant

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Bitcoin has always been considered by its staunch supporters a tool to bring about personal financial freedom from government control and censorship as well as taxation via inflation. As such, most political players shun the cryptocurrency when they are in power as it threatens their position. Once out of power they are freer to appreciate … Read more

Swiss Stock Exchange Chairman Advocates National Cryptocurrency

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The chairman of Switzerland’s stock exchange, Romeo Lacher, has spoken in favor of developing a Swiss national cryptocurrency. Mr. Lacher suggested that the proposed “e-franc” would provide a boost to the Swiss economy, in addition to comprising a payment system offering benefits over traditional systems. Also Read: Chinese Entrepreneur Warns Against Mining and ICO Bans  Swiss … Read more

Crypto-Backed SALT Claims $1.3 Billion Backlog, Suspends New Memberships

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Secured Automated Lending Technology (SALT) has an enviable problem if its recent Medium post is to be believed. The membership-based crypto-as-collateral loan platform has declared “a demand of over $1.3b in loan requests” is forcing it to suspend “new membership registrations, loan requests, and purchases of SALT.” Also read: How To Regain Control From Nanny Zuck … Read more