Switzerland


Opinion

Crypto Twitter’s Misdirected Furor Didn’t Fix the Travel Rule

Following a community uproar, Trezor nixed plans to integrate AOPP, an open-source protocol for proving wallet ownership. The rollback changed nothing and FATF’s travel rule still bedevils users.

An angry mob holding torches in a still from the film, 'Frankenstein,' directed by James Whale, 1931.

Finance

Trezor Backtracks on ‘Travel Rule’ App for Self-Hosted Crypto Wallets Amid Uproar

SatoshiLabs, Trezor's creator, scratches its planned integration of the Address Ownership Proof Protocol (AOPP).

trezor-numpad-screen

Finance

Investment Firm L1 Digital Receives FINMA Approval for Collective Crypto Investments

The Zurich-based firm manages around $500 million in assets from institutional clients such as pension funds, family offices and wealth managers.

Zurich, Switzerland

Tech

Trezor Adopts Swiss Travel Rule Protocol for Private Crypto Wallets

The protocol automatically identifies an unhosted wallet when crypto is withdrawn from a Swiss exchange.

Trezor wallet (SatoshiLabs)

Finance

BIS, Swiss National Bank, SIX Exchange Complete Wholesale CBDC Trial

Citi, Credit Suisse, Goldman Sachs, Hypothekarbank Lenzburg and UBS also took part in the test.

(Stefan Wermuth/Bloomberg via Getty Images)

Finance

Digital Asset Platform SEBA Bank Raises $119M for Global Expansion

The Series C funding round was co-led by DeFi Technologies and included participation from Alameda Research.

SEBA Bank (SEBA)

Opinion

Why We’re Shutting Our Successful Fundraising Platform

Berlin-based Neufund had a viable security token business built on Ethereum. Regulatory uncertainty is forcing it to close down.

(Claudio Schwarz/Unsplash)

Finance

BIS Names CBDC Expert as Head of Euro Region Innovation Center

Raphael Auer is now an economist in the organization’s innovation and digital economy unit.

Raphael Auer, who becomes the head of the BIS' innovation center for the euro region in February, 2022.

Finance

Arab Bank Switzerland Is Quietly Getting Into DeFi

The Swiss sister entity to Jordan-based Arab Bank is offering clients access to AAVE, COMP, UNI and more.

(Arab Bank Switzerland)

Finance

Sygnum Valued at $800M in $90M Funding Round: Report

The crypto company said it will use the funds for new offerings including yield-generating products and asset-management products for institutional clients.

(Getty Images)