Bitcoin Reserves Rejected by Swiss Bank
Swiss National Bank President Martin Schlegel opposes holding $BTC as a reserve asset, citing concerns over volatility, liquidity, and security weaknesses. #Update #Crypto $BTC (-3) ↘
Switzerland
US Gold Imports Surge Swiss Exports
In January, Swiss gold exports to the U.S. hit a record 193 metric tons due to Comex futures premiums, surpassing 2024 totals and driven by tariff fears. #Update #Commodities (+3) ↗
Ethereum Powers Tokenized Gold Innovation
DailyHodl: @UBS is testing its tokenized gold product, UBS Key4 Gold, on Ethereum’s $ETH layer-2 ZKsync for improved global functionality. #Update #Crypto $ETH (+3) ↗
Crypto Seen as Key Financial Solution
@Coinbase commissioned a study with Ipsos revealing that over two-thirds of adults in Argentina, Kenya, Philippines, and Switzerland view crypto as a solution to outdated financial systems. In Kenya, 94% see crypto as essential for modernization. #Update #Crypto (+4) ↗
Crypto: Swiss Bank Launches Ethereum Staking
@PostFinance has expanded its digital asset services by introducing staking for $ETH, enabling holders to earn passive income. The bank plans to add staking for other tokens soon, marking a significant step in crypto offerings. #Update #Crypto $ETH (+4) ↗
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