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Over Two-Thirds of People in Four Countries See Crypto As Solution to Outdated Financial System: Coinbase Study

Over Two-Thirds of People in Four Countries See Crypto As Solution to Outdated Financial System: Coinbase Study

US-based crypto exchange Coinbase has commissioned a study to understand how people in Argentina, Kenya, Philippines and Switzerland view crypto and blockchain technology as a means of improving their country’s financial system. The study, conducted by market research and consulting firm Ipsos, shows that the majority of adults in all four nations believe that the […]

The post Over Two-Thirds of People in Four Countries See Crypto As Solution to Outdated Financial System: Coinbase Study appeared first on The Daily Hodl.

BTC traders see ‘limited upside’ in short-term after SBR twist — Analyst

Major Swiss Bank Expands Crypto Offerings With Ethereum Staking

Major Swiss Bank Expands Crypto Offerings With Ethereum StakingSwiss state-owned bank Post Finance AG has expanded its digital-asset offering by introducing staking for ethereum (ETH), allowing holders to earn passive income. The bank plans to add staking for other tokens soon. Post Finance, which started trading and custody services for cryptocurrencies nearly a year ago, is the first systemically important bank to offer […]

BTC traders see ‘limited upside’ in short-term after SBR twist — Analyst

New Proposal To Mandate Swiss National Bank To Hold Bitcoin on Balance Sheet Set in Motion

New Proposal To Mandate Swiss National Bank To Hold Bitcoin on Balance Sheet Set in Motion

A new proposal that would mandate the Swiss National Bank to hold Bitcoin (BTC) is now gathering signatures. According to Giw Zanganeh, VP of Energy and Mining at stablecoin issuer giant Tether who helped create the initiative, the proposal needs 100,000 signatures from Swiss citizens to be sent to a public referendum. Says Zanganeh, “Today […]

The post New Proposal To Mandate Swiss National Bank To Hold Bitcoin on Balance Sheet Set in Motion appeared first on The Daily Hodl.

BTC traders see ‘limited upside’ in short-term after SBR twist — Analyst

Crypto Billionaire Flees London Over Offshore Tax Concerns

Crypto Billionaire Flees London Over Offshore Tax ConcernsChristian Angermayer, a billionaire crypto investor, has reportedly moved from London to Switzerland as the UK considers tightening tax policies on offshore wealth. Angermayer’s relocation signals the potential departure of other wealthy individuals fearing future tax hikes on non-domiciled tax arrangements. Crypto Investor Angermayer Leaves London Over Tax Concerns Billionaire crypto investor Christian Angermayer has […]

BTC traders see ‘limited upside’ in short-term after SBR twist — Analyst

BBVA Enhances Institutional Crypto Solutions With USDC Integration

BBVA Enhances Institutional Crypto Solutions With USDC IntegrationBBVA has integrated stablecoin USDC into its services in Switzerland, allowing institutional clients to manage USDC alongside traditional investments. This move enhances efficiency and enables faster, secure crypto trading. The USDC addition follows previous integrations of bitcoin and ether, expanding BBVA’s digital asset solutions for clients. BBVA Adds USDC to Enhance Institutional Crypto Services in […]

BTC traders see ‘limited upside’ in short-term after SBR twist — Analyst

Inside Lugano’s crypto revolution — A documentary

Bitcoin journalist Joe Hall tests Lugano, Switzerland, to see if it truly merits the title of the world’s most crypto-friendly town.

Bitcoin journalist Joe Hall recently visited Lugano, a Swiss city at the forefront of cryptocurrency payments. Known for its progressive embrace of digital currencies, Lugano has become a leading hub for Bitcoin transactions in recent years. Hall explored the city’s Bitcoin School, which educates the public on blockchain technology and cryptocurrency use, highlighting Lugano’s commitment to fostering a crypto-friendly environment.

During his visit, Hall interviewed industry giants like Adam Back, CEO of Blockstream, and Paolo Ardoino, CEO of Tether. These conversations provided insights into Bitcoin’s future and emphasized Lugano’s role as a center for crypto innovation.

A major focus of Hall’s trip was to investigate whether it is truly possible to survive in Lugano using only Bitcoin (BTC). He tested the practicality of Bitcoin payments for everyday expenses, from dining to shopping. His experience revealed that Lugano not only supports but actively encourages the use of Bitcoin, making it feasible to live a Bitcoin-based lifestyle.

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BTC traders see ‘limited upside’ in short-term after SBR twist — Analyst

Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency Reserves

Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency ReservesThe chairman of the Swiss National Bank has expressed reservations about incorporating bitcoin into the central bank’s currency reserves. He stated that no decision has been made yet to invest in bitcoin, underscoring the necessity for currency reserves to be liquid, sustainable, and easily tradable, given their use in international payments. Swiss National Bank on […]

BTC traders see ‘limited upside’ in short-term after SBR twist — Analyst

Bitcoiners Seek Constitutional Reform to Allow Swiss National Bank to Purchase Bitcoin

Bitcoiners Seek Constitutional Reform to Allow Swiss National Bank to Purchase BitcoinYves Bennaïm, founder and chair of 2B4CH, a Swiss pro-Bitcoin think tank, is launching a popular initiative to amend the country’s constitution to allow its central bank to purchase and hold bitcoin. The initiative is also supported by Bitcoin Suisse President Luzius Meisser, who believes the bank should add bitcoin to its reserves. A Reform […]

BTC traders see ‘limited upside’ in short-term after SBR twist — Analyst

BBVA migrates crypto custody service to Ripple-owned Metaco’s Harmonize

Harmonize will allow the bank to connect to blockchains beyond Bitcoin and Ethereum, which suggests the potential expansion of BBVA’s crypto services.

BBVA Switzerland, the Swiss branch of one of the largest Spanish banks, has announced it will use Ripple-owned tech firm Metaco’s Harmonize platform for its crypto custody operations with institutional investors. 

According to the press release published on Dec. 7, BBVA, which has been providing Bitcoin (BTC) and Ether (ETH) custody since 2021, migrated its infrastructure to Harmonize to achieve more agility and security:

Harmonize will let the bank connect to blockchains other than Bitcoin and Ethereum, potentially expanding BBVA’s crypto service: 

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BTC traders see ‘limited upside’ in short-term after SBR twist — Analyst

Swiss city Lugano accepts Bitcoin and Tether for municipal taxes

Swiss city of Lugano officially announced that it has started accepting Bitcoin and Tether as payment for taxes and all other community fees.

The Swiss city of Lugano is enhancing the local adoption of Bitcoin (BTC) by enabling citizens and companies to pay for municipal services and taxes with cryptocurrency.

The city of Lugano officially announced on Dec.

Starting immediately, Lugano will accept Bitcoin and the major stablecoin, Tether (USDT), as a means of payment in an automated process through the Swiss institutional-grade cryptocurrency platform, Bitcoin Suisse.

According to the announcement, Lugano citizens and companies will be able to pay all local invoices — regardless of the nature of the service or the amount invoiced — with cryptocurrencies like Bitcoin.

Residents of Lugano are able to pay taxes or services with Bitocin through the Swiss QR-bill by scanning the code on the invoice and paying with the preferred mobile wallet and the selected cryptocurrency.

Lugano’s latest crypto move is part of Plan B, a collaborative effort with Tether to use Bitcoin technology as the foundation for transforming the city’s financial system.

Related: Swiss crypto bank Seba rebrands to Amina amid global expansion

As previously reported, Lugano started adopting cryptocurrencies for tax payments as part of a collaboration with Tether in March 2022.

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BTC traders see ‘limited upside’ in short-term after SBR twist — Analyst