Category: Switzerland

Gazprombank Switzerland Executes First Bitcoin Trades, Announces Payments Initiative

Gazprombank Switzerland Executes First Bitcoin Trades, Announces Payments Initiative

Nov 24, 2020 at 11:39 a.m. UTCUpdated Nov 24, 2020 at 2:26 p.m. UTC Geneva, Switzerland (Mikadun/Shutterstock) Gazprombank Switzerland Executes First Bitcoin Trades, Announces Payments Initiative Gazprombank (Switzerland), an arm of the bank owned by Russian energy giant Gazprom, has carried out the first client transactions as part of its new bitcoin services. Announced Tuesday, […]

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Blockchain-based agri-commodity trading to tap world’s largest wheat market

Blockchain-based agri-commodity trading to tap world’s largest wheat market

Blockchain will streamline trade from Europe’s grain belt. 4696 Total views 44 Total shares Following two years of pilot testing, a blockchain trade and financing platform for global agricultural trading has seen its commercial rollout from Swiss developer Cerealia SA. The launch follows extensive prelaunch trial implementation with firms from Algeria, Brazil, Dubai, Japan and […]

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Swiss Arm of Russia’s Gazprombank Launches Institutional Bitcoin Offerings

Swiss Arm of Russia’s Gazprombank Launches Institutional Bitcoin Offerings

Oct 30, 2020 at 13:13 UTCUpdated Oct 30, 2020 at 13:43 UTC (canadastock/Shutterstock) Swiss Arm of Russia’s Gazprombank Launches Institutional Bitcoin Offerings Gazprombank, a bank from the fold of Russian energy giant Gazprom, is launching institutional cryptocurrency services in Switzerland. In an announcement Thursday, the regulated Swiss arm of the bank said it has now […]

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Russia’s Gazprombank gets green light for crypto custody in Switzerland

Russia’s Gazprombank gets green light for crypto custody in Switzerland

Russian banks tap Bitcoin services abroad while the government at home sees no future for private cryptos. 1745 Total views 39 Total shares Major private-owned Russian bank Gazprombank has received regulatory approval to launch cryptocurrency custody services through its Swiss subsidiary. According to an official announcement on Oct. 29, the bank scored approval from the […]

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Will they or won’t they? Central banks eye each other’s digital currency moves

Will they or won’t they? Central banks eye each other’s digital currency moves

Canada doesn’t want any “surprises” regarding central bank digital currencies. In a recent interview with Reuters, Bank of Canada Governor Tiff Macklem doubled down on the country’s contingency-plan approach to CBDCs, stressing that he sees no urgent need to issue one right now.  For Macklem, inter-state competition and coordination remains the key question when it […]

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