Tag: bitcoin

Retail Asia12/01/2024
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4min0
The world’s oldest cryptocurrency is moving from the periphery of the financial system to the center of Wall Street after Bitcoin spot ETFs were approved for the U.S. mass market. The door to a new era of digital assets is now open. The granting of approval to 11 Bitcoin spot ETFs by the U.S. Securities […]

Retail Asia12/01/2024
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2min0
The Securities and Exchange Commission has delivered a landmark approval of spot Bitcoin exchange-traded funds. This is a highly anticipated event that is expected to further crypto’s entry into mainstream finance. The US Securities and Exchange Commission (SEC) has approved 11 applications for spot Bitcoin exchange-traded funds (ETF), including those from BlackRock, Ark Investments, Fidelity, Invesco and more. Since 2004, this […]

Retail Asia26/01/2023
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3min0
A refocus on the core business results in a management reshuffling at the crypto finance service provider. There are also two departures to report. Bitcoin Suisse is changing its management structure in three areas. Sven Ramspott takes over as chief financial officer (CFO), adding to his current risk officer responsibilities. Pierre-Alain Krohn takes over as head of compliance, and Michael […]

Retail Asia28/12/2022
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8min0
The crypto industry is facing a very difficult 2023. In the longer term, however, there is no reason why it should not rise from the dead again, as it has in the past. Skeptics have long suspected it, and now they see themselves vindicated by the fiasco surrounding the now-bankrupt crypto exchange FTX in which […]

Retail Asia21/11/2022
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1min0
Swiss crypto Bitcoin Suisse is partnering with US crypto software and data specialist Lukka to support its middle and back office operations and further improve its systems. Lukka’s data and software are designed specifically for crypto and blockchain data, providing Bitcoin Suisse and its institutional client’s wide-ranging asset coverage and flexible reporting, according to a media release Thursday. Bitcoin […]

Retail Asia18/11/2022
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1min0
The Swiss crypto services provider will use the US crypto data specialist’s enterprise software to manage transaction data. Swiss crypto Bitcoin Suisse is partnering with US crypto software and data specialist Lukka to support its middle and back office operations and further improve its systems. Lukka’s data and software are designed specifically for crypto and blockchain data, […]

Retail Asia08/09/2022
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6min0
The crypto world is holding its breath as Ethereum’s upgrade nears and no one knows what the consequences will be. Dominik Spicher from 21 Analytics said which Swiss platform is likely to benefit the most from the switch. Any day now starting this Saturday, Ethereum will change the way it verifies transactions on its system in […]

Retail Asia26/07/2022
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2min0
Julius Baer-backed crypto bank SEBA will reportedly take advantage of the selloff as a buying opportunity, with plans to add more than a dozen staff in Asia. SEBA will grow its headcount in Hong Kong and Singapore from around seven to more than 20, according to a report citing its Asia head of corporate development Eugene […]

Retail Asia27/06/2022
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6min1
Many investors are buying Bitcoin after the cryptocurrency’s price fell to US$20,000, its lowest level since December 2020. Thanh Binh of HCMC says he turned off notifications on his crypto trading app after buying it at $38,000 and losing over VND40 million ($1,720). But he has returned and bought a 10th of a token after […]

Retail Asia24/05/2022
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3min0
Cryptominers are powering down operations, even selling equipment, as cryptocurrency prices continue to plummet. Nguyen Binh, a cryptominer in the southern Dong Nai Province, said his rigs can mine almost one Ethereum (around $2,000) a month, but hardly breaks even. “Electricity bills have taken away half of what I earned. With depreciation and operation and […]

Retail Asia06/04/2022
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3min0
Many central banks have or plan to launch digital central bank money. A PwC study looks at the winners and losers. A study from PwC released Monday analyzing central banks’ level of maturity and development of their digital currencies (CBDCs), shows that Nigeria’s eNaira scores high in retail models, with Thailand the frontrunner among wholesale […]

Retail Asia04/04/2022
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5min0
Backed by Greenpeace USA, a group of environmentalists wants bitcoin to switch from its current method of mining to a more energy-efficient model. An upgrade of the cryptocurrency Ethereum is planned for next summer. The big question here is whether it will be possible to switch to a more environmentally friendly scheme for mining. The only […]

Retail Asia21/03/2022
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2min1
It has long been clear to aficionados that crytptocurrencies are a new asset class belonging in portfolios as an inflation hedge. The Swiss National Bank can benefit from this, an industry expert explains. The Swiss National Bank has a number of extremely large investments in equities and other instruments, which it has used to counter […]

Retail Asia04/02/2022
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1min0
The Swiss Bitcoin Association recommends the first technical standards for simplified payment verification (SPV) using digital currencies, eliminating the need to download entire the blockchain for transactions. Switzerland’s Bitcoin SV Technical Standards Committee today recommended its first digital currency standard for simplified payment verification (SPV), enabling transactions to occur without having to download the entire blockchain. This standardized […]

Retail Asia10/01/2022
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3min0
The Swiss crypto broker’s CEO is stepping down after four years. His replacement is an ex-UBS banker well-known for his technology expertise. Arthur Vayloyan is stepping down as CEO of Bitcoin Suisse at the end of March, the Zug-based crypto firm said in a statement on Friday. He will be replaced by Dirk Klee, effective April 1. Vayloyan will remain one […]

Retail Asia24/11/2021
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1min2
The Australian Securities and Investments Commission cautioned investors about cryptocurrency risks, noting that they are «on their own» for the time being as efforts are underway to develop regulations. Consumers should approach investing in crypto with great caution, said ASIC chair Joe Longo at the recent Australian Financial Review Conference. At present many crypto-assets are probably […]


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