Switzerland


Video

Ripple Exec on CBDC Platform, Metaco Acquisition

Blockchain firm Ripple is launching a central bank digital currency (CBDC) platform that allows central banks, governments, and financial institutions to issue their own digital currency. James Wallis, Ripple Vice President of Central Bank Engagements and CBDCs, joins "First Mover" to discuss the platform's services and the firm's recent acquisition of Swiss-based crypto custody provider Metaco for $250 million.

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Politiche

FTX Free to Explore Sale of Europe Arm, Swiss Court Decides

The firm said FTX Europe AG, the holding company of its European business, filed a petition for a Swiss moratorium proceeding, which was granted on Tuesday.

(Shutterstock)

Video

Swiss Regulator: Switzerland Faced a Bank Run if Credit Suisse Was Allowed to Go Bankrupt

Swiss regulator FINMA said Wednesday that allowing embattled lender Credit Suisse to file for bankruptcy could have resulted in deposit runs at other banks in Switzerland. FINMA and the Swiss National Bank brokered UBS’ takeover of Credit Suisse for 3 billion Swiss francs ($3.3 billion) in a deal announced on March 19. "The Hash" panel discusses the larger implications for the Swiss banking system.

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Finanza

Swiss Government-Owned Bank PostFinance to Offer Customers Crypto

PostFinance will begin offering its 2.5 million customers access to buy, store and sell bitcoin and ether, thanks to a partnership with Switzerland’s Sygnum Bank.

Switzerland flag (Stephen Leonardi/Unsplash)

Video

How Credit Suisse Developments are Impacting the Crypto Market

Credit Suisse has agreed to a $53 billion loan from the Swiss National Bank, after shares of Switzerland's second-largest lender hit a fresh record low on Wednesday. "First Mover" hosts Christine Lee and Lawrence Lewitinn discuss how recent banking jitters are impacting the cryptocurrency market.

Recent Videos

Video

'Sharks in the Water' Linger Amid Recent Banking Sector Jitters: Former FDIC Regulator

Credit Suisse has agreed to a $53 billion loan from the Swiss central ban, after shares of Switzerland's second-largest lender hit a fresh record low on Wednesday. "What you're seeing are sharks in the water and a lot of short-selling of bank stocks," said Jason Brett, Key Bridge Advisors Managing Director and former U.S. Regulator at the FDIC. "It might put SEC Chair Gary Gensler in the center stage very soon."

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Video

Prospective Signature Bank Buyers Must Promise to Give Up All Crypto Business: Report

Signature Bank is on the market after being shuttered by state regulators on Sunday, but any potential buyer reportedly has to agree to a major caveat: no crypto. Jason Brett, Key Bridge Advisors Managing Director and former U.S. Regulator at the FDIC, shares insights into the recent banking jitters and its impact on the crypto industry. Plus, his outlook for Credit Suisse after Switzerland's second-biggest lender saw its worst day on record, with shares falling over 20%.

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Finanza

Banking Crisis in U.S. Likely to Push Crypto Firms Offshore

Switzerland, Lichtenstein and island jurisdictions are among the potential benefactors of the trend.

Author and investor Tatiana Koffman is just one among many who have turned to bitcoin amid a plague of bank runs – possibly the beginning of what she has described as the "Great Reset." (K8/Unsplash)

Finanza

Digital Asset Infrastructure Provider Taurus Raises $65M From Credit Suisse, Deutsche Bank

The Swiss firm plans to use the funds to make new hires and expand into across Europe and the UAE.

(Ajithkumar M/Pixabay)

Video

Bitcoin Suisse Chair on EU Parliament’s Restrictions on Banks’ Crypto Holdings

The European Parliament's Economic and Monetary Affairs Committee voted to impose strict restrictions on banks seeking to hold crypto. Luzius Meisser, Chair of Switzerland's largest crypto broker Bitcoin Suisse, discusses E.U. Parliament's reaction to the contagion and its impact on the crypto market.

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