Swiss-based crypto bank Sygnum has achieved profitability in the first half of 2024, marking a significant milestone in the digital asset industry. The bank’s success is attributed to robust growth across its core business segments, including custody, trading, and lending services. With assets under administration surpassing $ 4 billion, Sygnum caters to clients from …
Swiss crypto bank Amina Bank has partnered with Pyth Network to provide more accurate price feeds for users. This collaboration brings Amina Bank closer to its goal of enhancing the user experience and accessibility of Web3 applications. The real-time price feeds allow Amina Bank to generate an entirely new revenue stream for its business without […]
Invest Hong Kong, the government department responsible for attracting foreign direct investment and the Crypto Valley Association (CVA) of Zug, Switzerland, have signed a Memorandum of Understanding (MoU) to bolster the fintech ecosystems of both regions. The agreement, signed on June 6, 2024, aims to enhance collaboration, particularly in blockchain and cryptographic technologies. It also […]
The Zurich University of Applied Sciences has said it will kickstart a 16-day Bitcoin economy training course in March 2025. The short course aims to help students understand how bitcoin influences the financial system. Understanding Bitcoin’s Impact on the Financial System The Zurich University of Applied Sciences (HWZ), a Swiss institution, has said it is […]
The World Bank has announced that it will issue its first CHF digital bond on June 11. This 7-year, CHF 200 million ($ 219 million) bond is the largest CHF issuance by the World Bank since 2009. It utilizes distributed ledger technology and settles using Swiss Franc wholesale central bank digital currency (CBDC) from …