Switzerland Shoots Down Potential CBDC, Remains Open to ”Innovative Approaches” and Crypto

Switzerland Shoots Down Potential CBDC, Remains Open to ”Innovative Approaches” and Crypto

Switzerland has made a name for itself as a remarkably cryptocurrency-friendly nation. During the last weeks, however, there has been much talk of central bank digital currencies (CBDCs). However, Switzerland has now shot down this idea – without closing the door for further crypto-friendly regulations. Switzerland says ”not now” to public CBDC This news first … Continue reading Switzerland Shoots Down Potential CBDC, Remains Open to ”Innovative Approaches” and Crypto

Switzerland Visit Fails to Quiet US Regulators’ Crypto Concerns

Lawmakers from the United States have recently visited Switzerland. Part of the goal of the journey was to help American lawmakers quell their concerns over Facebook’s cryptocurrency, Libra. However, it is now clear that the trips did not solve all worries. Switzerland visit did not quell concerns over Libra Specifically, Representative Maxine Waters – known … Continue reading Switzerland Visit Fails to Quiet US Regulators’ Crypto Concerns

US Delegation Will Visit Switzerland to Discuss Crypto and Libra

The United States is looking to send a delegation of House of Representatives members to Switzerland to discuss crypto. This comes as the United States is looking to tackle crypto regulations, as Facebook’s upcoming Libra crypto is putting pressure on regulators. US House of Representatives delegation will discuss crypto in Switzerland This news was first … Continue reading US Delegation Will Visit Switzerland to Discuss Crypto and Libra

Lower House of Switzerland’s Federal Assembly Passes Cryptocurrency Regulations Motion

Lower House of Switzerland’s Federal Assembly Passes Cryptocurrency Regulations Motion

Switzerland’s Federal Assembly has recently supported a vote in favor of establishing cryptocurrency on an equal legal footing with traditional assets. However, some questions have been raised over whether this proposal actually mitigates any risks. The cryptocurrency regulation motion passed 99 to 83 Specifically, the motion passed the lower house of Switzerland’s Federal Assembly, the … Continue reading Lower House of Switzerland’s Federal Assembly Passes Cryptocurrency Regulations Motion