The Swiss Financial Market Supervisory Authority approved Switzerland’s first retail fund holding $BTC directly, waiving standard diversification rules but requiring custody safeguards. The issuer and launch date remain undisclosed. #Update #ETF $BTC
Bitcoin Suisse is cutting up to 50% of its Zug workforce, relocating operations to Slovakia and Vietnam for cost efficiency. CEO Majcen aims for international growth with new licenses. #Update #Crypto
Switzerland rejects SVP’s 10M population cap proposal, safeguarding EU market access and tax markets. Concerns persist over potential future proposals. #Update #Legal
Switzerland to vote June 14 on a 10M population cap proposal by the Swiss People’s Party, potentially affecting EU ties and market prosperity. #Update #Legal
Switzerland’s Bitcoin Initiative fails to secure signatures for a referendum, halting plans to include $BTC in state reserves as the Swiss National Bank cites volatility concerns. #Update #Crypto $BTC
Cardano’s $ADA is now accepted for in-store purchases at 137 SPAR supermarkets in Switzerland, facilitated by @DFX.swiss’s blockchain integration, enhancing retail payments and reducing transaction costs. #Update #Crypto $ADA
@AllUnity has launched CHFAU, a stablecoin pegged to the Swiss franc, backed 1:1 by reserves. This ERC-20 token responds to institutional demand for regulated digital CHF. #Update #Crypto $CHFAU
Switzerland postpones the Crypto-Asset Reporting Framework (CARF) implementation to 2027 due to partner country list revisions; 75 countries are involved, while Argentina and India have opted out. #Update #Crypto $BTC
Future Holdings AG raises 28 million Swiss francs ($35 million) to enhance its bitcoin treasury services, aiming to bridge traditional finance and bitcoin in Europe. #Update #Crypto $BTC
CV Summit 2025 reinforced Switzerland’s blockchain leadership, showcasing tokenized assets and digital wallets’ role in the “Wealth3” era; major banks executed legal blockchain transactions. #Update #Crypto $BTC $ETH
Switzerland completes its first legally binding bank payment using tokenized deposits, as @PostFinance, @SygnumBank, and @UBS finalize a blockchain trial. #Update #Blockchain
Switzerland will start automatic crypto asset data exchanges with 74 countries in 2026, excluding the US and Saudi Arabia, enhancing global market transparency. #Update #Crypto (+4) ↗
@Citi partners with SDX to launch a global platform for tokenized private shares, announced at the Point Zero Forum in Zurich on May 6. #Update #Crypto (+4) ↗
Swiss National Bank Chairman Martin Schlegel warns against adding $BTC to reserves, citing high volatility risks amid economic turmoil and geopolitical shifts. #Update #Crypto $BTC (-6) ↘
