Liechtenstein Bank is planning to launch a cryptocurrency which will be backed by Swiss Franc. This will ensure that the cryptocurrency will provide additional security to the holders as compared to any other normal cryptocurrency. The cryptocurrency will be known by the name of Union Bank payment coin. Fiat backed...
It seems like most of the high net worth individuals are investing in cryptocurrencies. A Private bank in Switzerland by the name of Maerki Baumann has recently announced that it will allow cryptocurrency deposits. This is the second Swiss bank to allow cryptocurrency deposits. Of course, the huge demand for...
One of the largest and popular financial institution UBS from Switzerland has declined to offer bitcoin or any other cryptocurrency trading to its customers. UBS chairman Axel Weber said in a speech at Basel Messe that, Cryptocurrencies are often not transparent and, therefore, open to being abused He added that...
