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Union Bank of Switzerland (UBS), the largest bank in Switzerland, is testing a tokenized gold product on Ethereum (ETH) layer-2 scaling solution ZKsync (ZK). In a new thread on the social media platform X, the developers behind ZKsync say that UBS is testing out its tokenized gold investment products on the blockchain as a means […]
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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The post Over Two-Thirds of People in Four Countries See Crypto As Solution to Outdated Financial System: Coinbase Study appeared first on The Daily Hodl.
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.
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.