Most banks in Switzerland refuse to accept crypt currencies. However, in July 2017, the Swiss Falcon Private Bank, violating the status quo, announced that it would store and trade bitcoin through its own service. Now, another bank, located in Zurich, announced that it would start accepting digital currencies, Bitcoinist reports. The only condition put forward by the bank is that cryptocurrencies must be received for services or from mining. The bank said that it is planned to use cryptocurrencies primarily as an alternative means for investors. At the same time, the bank's specialists recognized that they have little experience in the field of digital tokens.
The Bank of England will announce next week how quickly it expects the economy to recover from the coronavirus pandemic, but it is unlikely to add to the 100 billion pounds of the fiscal package it released in June. Britain’s economy ...
The Securities and Exchange Commission (SEC) announced on Monday that UBS Financial Services Inc. (UBSG) would pay more than $10 Million to resolve charges regarding certain municipal bond offerings. UBS has agreed to pay the fine after SEC ...
Major Japanese banks saw record demand for the corporate loans that were offered since April as the COVID-19 pandemic continues to have companies rushing in to build up cash reserves, according to a central bank survey on Friday. The figures ...
The U.S stocks increased on Wednesday and large technology companies lifted Nasdaq to another record close as investors continued to shrug off higher numbers of coronavirus cases in the United States. The Nasdaq Composite Index, led by Amazon.com ...
The French economy is emerging from the inactivity brought by the coronavirus outbreak as fast or faster than what was predicted a month earlier, Bank of France Governor Francois Villeroy de Galhau said on Sunday. Last month, the Bank of France ...