News list for "switzerland"
Switzerland's January trade balance 6.124 billion Swiss francs, with the previous value revised from 3.494 billion Swiss francs to 3.48 billion Swiss francs.
SIX, the Swiss stock exchange group, has launched a Digital Collateral Service that allows Financial Institution Groups to use both crypto assets and traditional securities as collateral.
Katalin Tischhauser, head of investment research at Swiss crypto bank Sygnum, released a new research report predicting that every $1 billion invested in the US strategic bitcoin reserve will increase the bitcoin market value by about $20 billion through the multiplier effect. The report pointed out that due to the limited supply of bitcoin liquidity, new demand will trigger a significant upward price shock, of which 19 billion US dollars growth will come from demand shock and limited supply squ...
Switzerland's quarterly adjusted unemployment rate in January was 2.7%, compared with an expected 2.7%, and the previous value was revised from 2.6% to 2.7%.
Switzerland recorded a quarterly adjusted unemployment rate of 2.7% in January, the highest since September 2021.
Swiss banking giant UBS, which manages $5.70 trillion in assets, has tested its UBS Key4 Gold offering on Ethereum's Layer-2 network ZKSync to explore scaling and privacy solutions.
Switzerland's KOF economic leading indicator for January was 101.6, with expectations of 100.2. The previous value was revised from 99.5 to 99.6.
Switzerland's ZEW investor confidence index in January was 17.7, with a previous value of -20.
TikTok Inc. has set up a subsidiary in Zurich, Switzerland, following recent forays into Switzerland by tech companies such as OpenAI and Anthropic to tap local talent. The social media platform, owned by ByteDance, registered in the canton of Zurich last week, records show. The entity is a subsidiary of TikTok UK company and is managed by Thomas Wlazik, the company's general manager for Germany, Austria, Switzerland and Israel. TikTok will carry out activities related to marketing, advertising ...
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...
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