At the World Economic Forum in Davos, Switzerland, Trump blasted European Union regulators for targeting Apple (AAPL. O), Google (GOOG. O) and Meta (META. O), calling the European Union's charges against U.S. companies "a form of taxation." The European Union's strict regulation of big tech companies is known around the world, often sparring with major social media platforms such as Facebook and X over content moderation and clashing with companies such as Apple and Google over antitrust issues....
According to Techinasia, Coinbase CEO Brian Armstrong said during his participation in the World Economic Forum in Davos, Switzerland, that Trump's presidency could drive an increase in cryptocurrency investment. Brian Armstrong said that the support of leaders of major economies such as the United States could have a significant impact on the market. He believes that Trump could become a supporter of the crypto industry, and emphasizes that public support can have an impact on the development o...
According to CoinDesk, Swiss cryptocurrency trading platform and artificial intelligence-led investment house Smart Valor is exploring the possibility of selling all or part of its business. CEO and co-founder Olga Feldmeier said in an interview that the company is conducting a strategic review after receiving a large number of inquiries from large global exchanges, cryptocurrency platforms, and traditional financial (TradFi) institutions, including banks and trading platforms. The European Unio...
In an interview with CNBC at the World Economic Forum in Davos, Switzerland, Brian Moynihan, CEO of Bank of America (BoA), said that if proper regulation makes crypto payments "a reality," then "the banking system will be tough on transactions." In this case, crypto transactions would simply be seen as another payment type alongside credit cards, debit cards, and Apple Pay., Brian Moynihan said: "We already have hundreds of blockchain patents...
In 2024, Switzerland's Crypto Valley reached a market capitalization of $593 billion, with 17 unicorn companies accounting for 29% of European blockchain financing.
In an interview at the World Economic Forum's annual meeting in Davos, Switzerland, Circle CEO Jeremy Allaire said that U.S. President Donald Trump may soon sign an executive order to make it easier for banks to own digital assets. He expects Trump's order to support cryptocurrencies to be issued soon, but did not specify when. Allaire is particularly concerned about the SEC...
On January 17, a spokesperson for the Ministry of Foreign Affairs announced that at the invitation of Schwab, founder and chairperson of the board of directors of the World Economic Forum, and the governments of Switzerland and the Netherlands, Ding Xuexiang, member of the Standing Committee of the Political Bureau of the CPC Central Committee and Vice Premier of the State Council, will travel to Davos, Switzerland from January 19 to 24 to attend the World Economic Forum 2025 Annual Meeting and ...
Switzerland and Singapore-based crypto bank Sygnum raised $58 million at a valuation of $1 billion. The new capital will be used to expand its product portfolio with a focus on Bitcoin technology, expand its institutional infrastructure, strengthen its compliance team and explore strategic acquisition opportunities. Proceeds will also help Sygnum's European Union expansion plans and build a regulated business in Hong Kong.
According to Bitcoin Magazine, the Swiss federal government has officially started reviewing a referendum proposal called "Building a Financially Robust, Sovereign and Responsible Switzerland (Bitcoin Initiative) ". The proposal has been published in the Federal Register and is entering the stage of collecting signatures. It aims to integrate bitcoin into the Swiss national financial system through constitutional amendments.
Switzerland's KOF economic leading indicator for December was 99.5, with expectations of 101.1. The previous value was revised from 101.8 to 102.9.
Ed Hindi, the chief investment officer of Swiss cryptocurrency hedge fund Tyr Capital, said that the increasing expectations of Trump in the crypto market have led to a surge in prices. However, investors will closely monitor Trump's actions within 100 days of taking office, and if Trump's actions do not match the rhetoric, it may cause volatility. Furthermore, Tim Kravchunovsky, founder and CEO of decentralized telecommunications network Chirp, added: "As we move into 2025,...
Swiss bitcoin self-custodial app Relai has announced an increase in its holdings of 13 BTC.
Switzerland-based Hashgraph Group has received a fund management license from Abu Dhabi Global Market (ADGM) in the United Arab Emirates. Hashgraph Ventures Manager, a subsidiary of Hashgraph Group, has been granted a license allowing it to launch a $100 million Web3 venture capital fund from Abu Dhabi Global Market (ADGM). Hashgraph Group will contribute $20 million, or 20% of the fund, as seed capital. The fund will focus on investing in Hede...
History may be about to repeat itself, as well-known "seer" Felix Zulauf, head of the Swiss consulting firm Zulauf, lays out his typically harsh Swiss perspective on global markets, always a useful addition to the inevitably optimistic speculation of most Wall Street prophets. For now, Zulauf believes the market will continue to rise, and he acknowledges the much-publicized technical negatives in the stock market - for example, extreme optimism that investors have...
The Interchain Foundation, the Swiss non-profit organization that manages the development of Cosmos, has announced the acquisition of interoperability startup Skip, which will be renamed Interchain Inc and become the new main subsidiary of ICF. ICF will continue as a Swiss foundation. In addition, Interchain co-founder Ethan Buchman will step down from his leadership role in the Swiss non-profit organization and continue to contribute to the ecosystem as a co-founder. The new phase will be achie...