Swiss Crypto Company Acquires License to Distribute Funds to Investors

Crypto Fund AG has been granted a license to distribute funds on behalf of “qualified investors” in Switzerland. The permission has been issued by the country’s financial market regulator, FINMA. The firm also seeks approval for another crypto-related service. Also read: Zug Tests Blockchain to Decide on Fireworks and Digital IDs First Point of Contact … Read more

Bitcoin in Brief Wednesday: Zug Tests Blockchain to Decide on Fireworks and Digital IDs

The city of Zug, home of the Swiss Crypto Valley, will invite its residents to take part in an experimental blockchain-based vote. They are expected to share opinions on several questions of local importance, including the fireworks display during the annual Lakeside Festival and the use of digital IDs to borrow books and pay parking … Read more

Switzerland Shows the Way: Bank First to Offer Crypto Business Accounts

Switzerland’s legacy bank, Hypothekarbank Lenzburg, announced this week it was accepting cryptocurrency related businesses as account holders, something many legacy financial institutions outright refuse. Long viewed as a progressive society way ahead of its time, the Swiss are once again leading, … this time it’s doing so in the crypto revolution. Also read: Fidelity Investments … Read more

PR: Particl Releases Their Privacy Focused Decentralized Marketplace

Zug, Switzerland – Particl, an open-source project building privacy focused decentralized applications, has released the Alpha MVP version of their Particl Marketplace – a disruptive way to buy and sell goods online. Released May 31st, 2018, the marketplace is a new featured application within the project’s flagship application, Particl Desktop. The post PR: Particl Releases … Read more

PR: Patientory Stiftung Joins the Enterprise Ethereum Alliance

Zug, Switzerland – Patientory Stiftung, a Swiss-based global nonprofit healthcare organization founded to educate and connect adopters of PTOY blockchain, a HIPAA-compliant blockchain that securely stores and manages health information in real time, today announced that it has joined the Enterprise Ethereum Alliance (EEA), the world’s largest open source blockchain initiative. The post PR: Patientory … Read more

Bitcoin Smart Banknotes Launched in Singapore

A digital asset smart banknote manufacturer has launched bitcoin banknotes at a store in Singapore. Designed to make owning and circulating cryptocurrencies as easy as using paper money, they are currently available in denominations of 0.01 and 0.05 BTC. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitcoin Banknotes Debut in Singapore Digital asset … Read more

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

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

Chinese Bitcoin Mining Giant Bitmain Establishes Branch in Zug, Switzerland

For centuries Switzerland was known around the world for its tradition of banking secrecy, but now a new financial industry is taking root in the country. Local leaders tried to establish a cryptocurrency hub, and their latest catch is Chinese bitcoin mining giant Bitmain, which expanded to a new location in the picturesque Swiss canton … Read more