A new Blockchain-focused accelerator and venture capital firm called BVV has partnered with former executives from IBM and UBS as well as Lykke to provide investment, financing, and advisory services for blockchain ventures.
The Moody’s Investors Service report shows the potential of Blockchain with cost efficient transactions to challenge large banking systems such as Swiss banks which generate 50 percent of revenue from fees and commissions.
The third-largest bank in Russia, Gazprombank, is making plans to test out cryptocurrency transactions in Switzerland. The bank claims that this is in response to demands from clients.
The first family in Liechtenstein may very soon invest in cryptocurrency according to Prince Crown Alois
Deutsche Bank’s Global Head of Chief Investment Office Markus Mueller has warned investor of total loss when buying bitcoin. He suggested that “governance” that will legitimize cryptocurrency investments could exist in about “5 to 10…
Lloyd Blankfein does not rule out a possibility of investing in Bitcoin
Switzerland has been quite supportive of Blockchain and crypto tech. However, the European country is now following suit after some other heavy adopters.