FCA-Regulated Crypto Trading Firm Portofino Technologies Sees Staff Exodus
The firing of the firm’s co-founder and its CFO in July triggered a wave of departures.
Switzerland
Sygnum Unit Receives Liechtenstein License as a Crypto Asset Service Provider
The registration paves the way for the Switzerland and Singapore-based banking group to expand into the European Union and European Economic Area.
Switzerland’s Fourth-Biggest Bank ZKB Offers Retail Customers Bitcoin and Ether
switzerland-swiss-flag-bitcoin (Shutterstock)
Stablecoin Default Guarantees Pose Risks to the Issuing Banks, Swiss Regulator Says
FINMA’s guidance explains how banks can limit the risks associated with guaranteeing stablecoin customers’ deposits.
Sygnum’s First-Half Spot Crypto Trading Doubles, Derivatives Increase 500%
The surging trading volumes helped the bank reach profitability for the first time.
Swiss Regulator Shutters Crypto-Linked FlowBank, Begins Bankruptcy Process
FINMA announced Thursday that FlowBank’s minimum capital requirements were found to have been “significantly and seriously breached.”
Figment, Apex to List Ether and Solana Staking ETPs on SIX Swiss Exchange
Interest in ETH and SOL has increased substantially over the past few months and the ETPs will contribute to greater access to staking rewards for a wide audience, Figment said.
Swiss Crypto Hedge Fund Tyr Capital Clashes With Client Over FTX Exposure: FT
Tyr investor TGT has brought claims against the hedge fund that it ignored several warnings over its ties with FTX.
Swiss Crypto Bank Sygnum Inches Closer to ‘Unicorn’ Status With $40M Raise
The company said that its initial target for the funding round was $35 million.
Crypto Needs Cohesive Regulation – A Look at Europe’s MiCA
From the U.S. to South Asia, jurisdictions are creating a patchwork of crypto regulatory regimes, making international business harder. Europe, with its bloc-wide Markets in Crypto-Assets Regulation (MiCA), is different.