The Swiss National Bank rejects the idea of a public digital currency due to potential risks, preferring to focus on wholesale CBDCs. Despite reservations, it's advancing in payment technology. However, it acknowledges challenges ahead and remains cautious yet progressive.
AlexLugano pioneers digital finance by integrating Bitcoin, CBDCs, and stablecoins, showcasing a future where diverse digital currencies coexist, transforming traditional economic structures.
AlexLugano's decision to accept Bitcoin and Tether reflects a broader trend in Switzerland, where cities are increasingly integrating cryptocurrency into their financial systems. While this move aligns with the global shift towards digital currencies, challenges and implications for traditional financial structures should be carefully considered.
Huang BoSEBA received its in-principle approval in August, and has now received the full licence.
ClementThey also issued a white paper on deposit tokens this week.
LedgerinsightsPlan ₿ Foundation has on boarded multiple businesses in Lugano, Switzerland to accept bitcoin payments.
OthersSygnum debuted cryptocurrency staking about two years ago with Tezos staking, eventually expanding the service to ICP and Et2.
CointelegraphWatches, blockchain and NFTs combine with the launch of TAG Heuer’s new luxury wearable.
CointelegraphSwitzerland’s fifth-largest financial institution is set to develop an independent cryptocurrency trading and custody service for its clientele.
CointelegraphThe fund will track the performance of the Crypto Market Index 10, a product managed by SIX Swiss Exchange.
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