Sygnum bank

Sygnum becomes first bank in the world to offer Eth2 staking

Crypto-focussed Swiss bank, Sygnum Bank, has announced it has become the first bank in the world to allow its clients to stake Ether. According to the July 6 blog post, the firm’s clients can now stake ETH through Sygnum’s institutional banking platform to earn yields of up to seven percent annually. Sygnum describes itself as …

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177-Year-Old Swiss Bank Bordier to Offer Bitcoin and Other Crypto Trading Services

<div class=”featured_image_container”> </div> <strong>A 177-year-old bank in Switzerland has enabled cryptocurrency trading within its services, with expectations to expand. Bordier &amp; Cie SCmA added bitcoin and other cryptos to its list of services by partnering with a well-known domestic crypto player.</strong> Bordier Customers Can Also Buy and Hold Other Cryptos According to the announcement, the …

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Japan’s SBI Investing ‘Eight-Figure’ Sum in Swiss Crypto Bank Sygnum

SBI Holdings, a Japanese financial services firm, is to lead an ongoing strategic fundraising round for Swiss digital asset bank Sygnum.  Sygnum, which holds a Swiss banking license, said Tuesday it has secured an “eight-figure” U.S. dollar investment from SBI’s subsidiary, SBI Digital Asset Holdings, which will be used to help the firm grow its …

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Swiss Companies Issue First Tokenized Asset for Trading Under New National Blockchain Rules

<div class=”featured_image_container”> </div> <strong>New legal provisions on distributed ledger technology (DLT) went into effect on Feb. 1 in Switzerland. After the implementation, two local companies announced that they had issued the first tokenized asset under the brand-new law.</strong> ‘Fine Wine’ Token Is Available for Sygnum Bank’s Clients Per the announcement, Swiss digital asset bank Sygnum …

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Switzerland’s Tokenized Securities Law Ushers In New Chapter for Digital Assets

Switzerland now lets tokenized securities trade on a blockchain with the same legal standing as traditional assets. The new law went into effect Monday. Swiss lawmakers decided not to create a completely new regime but adapted legislation to graft specific features of distributed ledger technology (DLT) onto the existing legal framework. The DLT amendments recognize …

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Swiss Bank Sygnum Begins Storing Crypto With Taurus Group, Launches Staking Service

<div class=”featured_image_container”> </div> <div class=”td-a-rec td-a-rec-id-content_top “><a data-bid=”1″ href=”https://news.bitcoin.com/linkout/398295″ rel=”nofollow noopener noreferrer” target=”_blank”><img loading=”lazy” src=”http://scoreit.online/wp-content/uploads/2020/11/lottery_euro_1456x360_bch.jpg” alt width=”1456″ height=”360″></a></div><strong>The Switzerland-based bank Sygnum has announced this week that the fintech firm is now storing digital assets with the company Taurus Group. On Friday, the bank also revealed that the FINMA-approved firm’s clientele can purchase and stake <a …

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