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Bitcoin Suisse explains why Swiss is a crypto pivot point: Davos 2023

Switzerland is a “pivot point” for crypto adoption in Europe and continues to be the “center point of the next stage of institutionalization,” said Dr. Dirk Klee, CEO of Bitcoin Suisse.  Klee divulged why Switzerland is still the top spot for crypto in Europe and will continue to attract institutional investors in an exclusive Cointelegraph interview in Davos, Switzerland.  We have boots on the ground in Davos! Our reporter @gazza_jenks speaks to Dr. Dirk Klee, CEO of @BitcoinSuisseAG about Switzerland and the adoption of cryptocurrency at the @wef. #CTWEF23 pic.twitter.com/ka00dvWpVz — Cointelegraph (@Cointelegraph) January 18, 2023 In discussion with Cointelegraph reporter Gareth Jenkinson, Klee explained:  “A lot of trust has been destroyed and eroded in the last year and...

Pro-crypto city of Lugano and El Salvador sign economic agreement based on adoption

Switzerland’s southern city of Lugano and El Salvador have signed an economic cooperation agreement based on crypto and blockchain. According to an Oct. 28 announcement from Lugano, the two pro-crypto jurisdictions signed a memorandum of understanding on economic cooperation at the city’s Plan B event. Lugano Mayor Michele Foletti cited El Salvador adopting Bitcoin (BTC) as legal tender as part of the city’s interest in the agreement, which will allow the pro-crypto country to establish a physical government presence in an effort to “foster cooperation with educational and research institutions.” “The use of Bitcoin and Blockchain technology creates new opportunities for growth and investment that benefit our communities; it is a new alternative financial and exchange tool that fosters tra...

Crypto investment product firm 21.co raises $25M to reach $2B valuation

21.co, the new parent firm of exchange-traded products (ETP) provider 21Shares, has become “Switzerland’s largest crypto unicorn,“ the firm announced on Tuesday. It raised $25 million in a funding round led by London-based hedge fund Marshall Wace. The new funding brings the firm’s valuation to $2 billion. 21.co is designed to unite 21Shares with third-party token provider Amun and other upcoming crypto projects aiming to build bridges into the crypto world, 21.co founder Hany Rashwan told Cointelegraph. All crypto ETP products launched by 21Shares will maintain the same nomenclature, Rashwan said. He also said that the new name won’t change much about the way 21Shares does business. According to Rashwan, the newly raised funds will help 21.co to continue expanding its business...

Wild continent: the best national parks in Europe

The best national parks in Europe are home to vast tracts of wilderness, often overlooked by those who flock to its cities When we think of wild continents, Europe is probably last in line. Asia’s fearsome mountains, South America’s lush rainforest and Africa’s vast savannah are surely more impressive. Europe in comparison is famous for its cities: London, Paris, Rome and their ilk.  But venture further and you’ll find gigantic glaciers, primeval forests and untouched tracts of wilderness. These areas are quite rightly protected in national parks. To help you explore the wild side of the continent, we share below the best national parks in Europe. Jostedalsbreen National Park Location: NorwayMore info: Official site Jostedalsbreen National Park is home to the largest glacier on contin...

Swiss Post’s banking arm developing in-house crypto custody platform

Switzerland’s Post Office is set to onboard cryptocurrency trading through its banking arm PostFinance as user appetite for custody grows in the country. Some 2.6 million users that currently bank with PostFinance, the fifth largest bank in the country, are expected to be able to buy and sell Bitcoin and other cryptocurrencies through an inhouse trading and custody service in the next two years. As reported by local media outlet Swissinfo, the executive board of the Post Office’s banking arm intends to provide direct access to cryptocurrency markets through a proprietary service operated by PostFinance by 2024 at the latest. It’s the latest step by the institution to afford its clients the ability to gain access to cryptocurrencies. In 2021, PostFinance partnered with online trading platfo...

Football Accumulator Betting Tips for Sunday 12th June 2022: Back Our 7/1 Three-Fold With A Free Bet

Ahead of Sunday’s UEFA Nations League action, we have picked out three fixtures for a 7/1 accumulator – better yet, customers yet to register with Virgin Bet can get a £20 free bet to use across their platform. Three legs make up our Sunday accumulator, which has odds of roughly 7/1. A £10 stake would return around £80 (Odds subject to change). Football Accumulator Tips Football Accumulator Betting Offer: Virgin Bet – Bet £10 Get £20 In Free Bets Virgin Bet are offering new customers the chance to get £20 worth of free bets upon signing up. Simply place a £10 qualifying bet , and you’ll receive £20 in free bets in return. Just follow the step-by-step guide below to redeem yours. Top 5 New Football Betting Sites Sites Highlights Register 4. Bet £10 Get £20 In Free Bets Already claimed Virgi...

Tether is ‘instrument of freedom’ and ‘Bitcoin onramp,’ says Bitfinex CTO

On a sun-splashed day in the Swiss Alps, the chief technology officer of Bitfinex and Tether, Paolo Ardoino, shed light on the Plan B Lugano strategy, Tether as an onramp into Bitcoin (BTC) and —crucially — his favorite pizza toppings.  Fresh off the plane from Norway, where Ardoino attended an increasingly Bitcoiner-friendly event, the Oslo Freedom Forum, the Italian explained that, in contrast to the WEF,there was no “shilling” in Norway. Tether was invited to speak at the Oslo Freedom Forum as the stablecoin is increasingly considered an “instrument of freedom.” Tether has been adopted by the Myanmar government while the Ukrainian government has accepted crypto donations, including Tether, since the onset of the Russia-Ukraine war.  “Tether is one of the tools to be used by di...

Football Accumulator Betting Tips for Sunday 5th May 2022: Back Our 5/1 Three-Fold With A Free Bet

Ahead of Sunday’s UEFA Nations League action, we have picked out three fixtures for a 5/1 accumulator – better yet, customers yet to register with Virgin Bet can get a £20 free bet to use across their platform. Three legs make up our Sunday accumulator, which has odds of roughly 5/1. A £10 stake would return around £60 (Odds subject to change). Football Accumulator Tips Football Accumulator Betting Offer: Virgin Bet – Bet £10 Get £20 In Free Bets Virgin Bet are offering new customers the chance to get £20 worth of free bets upon signing up. Simply place a £10 qualifying bet , and you’ll receive £20 in free bets in return. Just follow the step-by-step guide below to redeem yours. Top 5 New Football Betting Sites Sites Highlights Register 4. Bet £10 Get £20 In Free Bets Already claimed Virgi...

Football Accumulator Betting Tips for Sunday 5th May 2022: Back Our 5/1 Three-Fold With A Free Bet

Ahead of Sunday’s UEFA Nations League action, we have picked out three fixtures for a 5/1 accumulator – better yet, customers yet to register with Virgin Bet can get a £20 free bet to use across their platform. Three legs make up our Sunday accumulator, which has odds of roughly 5/1. A £10 stake would return around £60 (Odds subject to change). Football Accumulator Tips Football Accumulator Betting Offer: Virgin Bet – Bet £10 Get £20 In Free Bets Virgin Bet are offering new customers the chance to get £20 worth of free bets upon signing up. Simply place a £10 qualifying bet , and you’ll receive £20 in free bets in return. Just follow the step-by-step guide below to redeem yours. Top 5 New Football Betting Sites Sites Highlights Register 4. Bet £10 Get £20 In Free Bets Already claimed Virgi...

Tether launches crypto and blockchain education program in Switzerland

Switzerland’s southern city of Lugano will host a blockchain- and cryptocurrency-focused school as part of a partnership between the local government and Tether (USDT). In a Thursday announcement, Tether and Lugano said they will be launching the Plan ₿ Summer School in an effort “to bring blockchain and crypto education to the masses.” The education center is part of Tether’s “Plan ₿” initiatives with the Swiss city, which have included making Bitcoin (BTC), Tether (USDT) and the LVGA token legal tender in the area. @luganomycity @Tether_to @FranklinSwitz @USI_university announced today the launch of @LuganoPlanB Summer School, 3-16 July 2022. Apply now #Lugano @LuganoLivingLab https://t.co/PI0USZpA96 — Lugano (@luganomycity) May 19, 2022 According to the school’s website...

Swiss think tank urges greater global cooperation on crypto regulation

In a bid to combat illegal activity and “regulatory arbitrage,” a Swiss-based think tank has urged greater international cooperation on cryptocurrency regulation. On Monday, the Basel Institute of Governance and the International Academy of Financial Crime Litigators released a paper calling for further coordinated action against unlawful crypto-markets. Among the proposed solutions are greater cooperation between jurisdictions, as well as the creation of worldwide standards for cryptocurrency regulation. According to the paper, investigators who work with cryptocurrency should invest in learning approaches and technologies that are contemporary with evolving criminal organization techniques. Also, it recommended judicial authorities come up with new methods for prosecuting vir...

No rescue for Terra: Swiss asset manager denies $3B LUNA/UST bail-out talks

GAM Investments has quashed fake news reports that surfaced on Friday that claimed the Swiss asset manager would invest some $3 billion to aid in the recovery of the Terra ecosystem, including LUNA and TrueUSD (UST) stablecoin.  An announcement published on May 12 claimed that the firm was engaging in talks with Terraform Labs to assist in recovery attempts after Terra’s algorithmic stablecoin UST lost its $1 peg — causing a cataclysmic crash of the acclaimed blockchain protocol which had become a darling of the Decentralized Finance space. Cointelegraph has confirmed with GAM Investments that the press release was fabricated — with head of communications and investor relations Charles Naylor categorically labeling the release as fake news – which even included fake quotes from ...

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