Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $3,621,291,658,115.16
  • 24h Vol: $479,435,180,245.96
  • BTC Dominance: 53.07%

swiss

swiss-crypto-bank-sygnum-achieves-profitability-amid-rapid-growth

Swiss Crypto Bank Sygnum Achieves Profitability Amid Rapid Growth

Leave a Comment / Bitcoin, Crypto Hacked, Crypto-Bank, Cryptocurrency, Ethereum, News Bytes, News Bytes - 5, swiss, Sygnum / / / , , , ,

Swiss-based crypto bank Sygnum has achieved profitability in the first half of 2024, marking a significant milestone in the digital asset industry. The bank’s success is attributed to robust growth across its core business segments, including custody, trading, and lending services. With assets under administration surpassing $4 billion, Sygnum caters to clients from over 60 […]

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systemic-swiss-banks-not-ready-for-crisis,-regulator-says

Systemic Swiss Banks Not Ready for Crisis, Regulator Says

Leave a Comment / assessment, Bank, banks, Bitcoin, credit suisse, Crisis, Crypto Hacked, Cryptocurrency, emergency, Ethereum, Finance, finma, plan, Plans, Postfinance, raiffeisen, regulator, report, swiss, Switzerland, UBS, ZKB / / / , , , , , , , , , , , , , , , , ,

Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers to a period prior to the rescue of Credit Suisse by UBS when the authority viewed the troubled giant’s preparedness in positive terms. 2 Swiss Banks Unable to Implement Recovery Plans, Finma Finds

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Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report

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Switzerland’s troubled Credit Suisse and its rescuer, USB, are subject to an investigation into whether bankers helped Russian oligarchs evade Western sanctions, according to a media report. Some major U.S. banking institutions are also under scrutiny within the probe initiated by the Justice Department, sources say. Credit Suisse, US Banks Investigated for Suspected Sanctions Violations

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UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal

Leave a Comment / Acquisition, acquisition financing, backstop, Banking, banks, bid, Bitcoin, Challenges, competition, Compliance, credit suisse, Credit Suisse Bank, Crypto Hacked, Cryptocurrency, Deal, dividends, due diligence, Ethereum, Executives, financial stability, global financial system, Government, industry, Investors, landscape, Losses, Market Share, News, Oversight, political backlash, potential merger, private bank, profits, Protection, Regulations, regulatory approval, Reputation, risk management, rumors, Shareholders, shareholders' meeting, stock prices, Strategy&, swiss, Swiss National Bank, Transparency, UBS, UBS Bank, unnamed sources / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit Suisse. According to unnamed sources familiar with the

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Germany’s DZ Bank to Offer Crypto Custody With Swiss Firm Metaco

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The second-largest bank in Germany, DZ Bank, is preparing to become a provider of custody services for crypto assets. The offering will be facilitated by a partnership with Metaco, a Swiss company that specializes in helping financial institutions to operate in the digital asset space. DZ Bank to Use Metaco’s Harmonize Platform to Launch Crypto

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switzerland-less-affected-by-crypto-industry-crisis,-study-finds

Switzerland Less Affected by Crypto Industry Crisis, Study Finds

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While the global industry built around digital assets is losing funds and jobs are dropping off, Switzerland seems to be weathering the storm relatively well, one piece of research claims. In fact, more crypto companies settled in the country during the past turbulent year than those that left it, or the business altogether. Crypto Valley

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