Bitcoin firm gets approval to operate in Switzerland

  • Bitcoin firm gets approval to operate in Switzerland
  • While other crypto-currency firms already operate in Switzerland, Xapo’s operation as a bitcoin wallet provider had raised questions over whether it required a banking license.
  • The approval depended on several factors, including membership of a “self-regulatory organization”, Casares said, but added that the company was optimistic of meeting the conditions and being able to serve non-U.S. customers from Switzerland.
  • ZURICH (Reuters) – Bitcoin wallet provider Xapo said it has received conditional approval from Switzerland’s financial market watchdog to operate in the country in a regulatory breakthrough for companies that provide safekeeping for the virtual currency.
  • Bitcoin Suisse operates a network of bitcoin ATMs across the country, as well as an online and in-person brokerage for buying and selling bitcoins.

By Brenna Hughes Neghaiwi ZURICH (Reuters) – Bitcoin wallet provider Xapo said it has received conditional approval from Switzerland’s financial market watchdog to operate in the country in a regulatory breakthrough for companies that provide safekeeping for the virtual currency. “After almost
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Bitcoin firm gets approval to operate in Switzerland

  • Bitcoin firm gets approval to operate in Switzerland
  • While other crypto-currency firms already operate in Switzerland, Xapo’s operation as a bitcoin wallet provider had raised questions over whether it required a banking license.
  • Bitcoin Suisse operates a network of bitcoin ATMs across the country, as well as an online and in-person brokerage for buying and selling bitcoins.
  • Olga Feldmeier, a former managing partner of Xapo who coordinated the Swiss licensing process for the company, told Reuters that Xapo had been designated a financial intermediary, meaning it will not require a costly banking license.
  • The approval depended on several factors, including membership of a “self-regulatory organization”, Casares said, but added that the company was optimistic of meeting the conditions and being able to serve non-U.S. customers from Switzerland.

Bitcoin wallet provider Xapo said it has received conditional approval from Switzerland’s financial market watchdog to operate in the country in a regulatory breakthrough for companies that provide safekeeping for the virtual currency. “After almost two years of substantial effort and investment
Continue reading “Bitcoin firm gets approval to operate in Switzerland”

The Global CIO Banking Daily

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  • The Global CIO Banking Daily
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The stakes have never been higher for technology in banking. Customer behaviour and the digital revolution are dictating what banking institutions need to de… by Connect Media
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Australian Independent News

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BBC: The countries where cash is on the verge of extinction. from Dimitris-T

  • BBC: The countries where cash is on the verge of extinction.
  • BBC: The countries where cash is on the verge of extinction.
  • BBC: The countries where cash is on the verge of extinction.
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BBC: The countries where cash is on the verge of extinction. http://ift.tt/2dniLMB Submitted September 29, 2016 at 10:07AM by Dimitris-T See more here: http://ift.tt/2cYv26O
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The blockchain Daily

  • The blockchain Daily, by Van Santen Netwerk: updated automatically with a curated selection of articles, blog posts, videos and photos.
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  • © SmallRivers 2016

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The blockchain Daily, by Van Santen Netwerk: updated automatically with a curated selection of articles, blog posts, videos and photos.


The blockchain Daily

Artists wanted! — Medium

  • If you haven’t seen it be sure to check out our Alexandria presentation at the Decentralized Web Summit (because #omg Sir Tim Berners-Lee, the inventor of http/the world wide web himself calls Alexandria “Thrilling!”
  • You can then share links to your content in Alexandria, or you can embed it into your blog or website and get paid by your audience directly.
  • We are very excited to announce that publishing music and videos to Alexandria is now as easy as uploading to YouTube!
  • Select your files, and provide a description, payment address and fill in a few more fields and then wait a minute or two, and voila, you’ve published!
  • And please join our slack if you need some support or have questions or suggestions.

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@BlocktechCEO: “Independent musicians & video makers! Connect with your audience directly!
#bitcoin #blockchain #mediadistribution”


We are very excited to announce that publishing music and videos to Alexandria is now as easy as uploading to YouTube!


Artists wanted! — Medium

Bitcoin isn’t real money, says Miami economist

  • June 2, 2016 1bitcoindaily 0 Comment Bitcoin , bitcoin future , Bitcoin Mining , bitcoin predictions , Bitcoin price , bitcoin wallet , Bitcoins , earn bitcoins , Gainbitcoin , make bitcoins , what is bitcoin
  • Bitcoin isn’t real money, says Miami economist
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@bitcoinagile: “#bitcoin isn’t real money, says Miami economist”



Bitcoin isn’t real money, says Miami economist