RATE Group | Swiss Banks Team With Fintechs to Enter the Crypto Space
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Swiss Banks Team With Fintechs to Enter the Crypto Space

Swiss Banks Team With Fintechs to Enter the Crypto Space

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Swiss Banks Team With Fintechs to Enter the Crypto Space

Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards the growing crypto industry. The latest partnership between a traditional institution and a fintech startup aims to provide wealthy clients with access to major cryptocurrencies.

Also read: Buying Bitcoin on the Street Is Getting Easier

Switzerland to Become the World’s Crypto Bank

Switzerland, which has long ago established itself as the world’s bank, has had its image tarnished a little bit in the past couple of decades. The Alpine federation gave up some ground under international pressure, mostly from the United States and the European Union, to lower the level of banking secrecy and raise taxes to match the rates in neighboring jurisdictions.

But cryptocurrencies now…

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