Bitcoin Forum
September 20, 2019, 10:53:22 AM *
News: If you like a topic and you see an orange "bump" link, click it. More info.
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2017-07-13]First Swiss Bank To Allow Its Clients to Exchange and Hold Bitcoins  (Read 5323 times)
Vladdirescu87
Sr. Member
****
Offline Offline

Activity: 966
Merit: 264



View Profile
July 13, 2017, 09:48:40 PM
 #1

A Swiss private bank with 50 years of expertise in wealth management – Falcon Group – has become the first local bank to offer a new feature of blockchain asset management, including Bitcoin, to its clients.

Now, Switzerland becomes more cryptocurrency friendly. A new service has become available through Falcon Group’s cooperation with Bitcoin Suisse AG, a regulated crypto financial broker based in Switzerland. The bank has already received approval from FINMA (the Swiss Financial Market Supervisory Authority) to launch this unique product.

Read the full article: https://coinidol.com/first-swiss-bank-to-allow-exchange-and-hold-bitcoins/
1568976802
Hero Member
*
Offline Offline

Posts: 1568976802

View Profile Personal Message (Offline)

Ignore
1568976802
Reply with quote  #2

1568976802
Report to moderator
1568976802
Hero Member
*
Offline Offline

Posts: 1568976802

View Profile Personal Message (Offline)

Ignore
1568976802
Reply with quote  #2

1568976802
Report to moderator
1568976802
Hero Member
*
Offline Offline

Posts: 1568976802

View Profile Personal Message (Offline)

Ignore
1568976802
Reply with quote  #2

1568976802
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1568976802
Hero Member
*
Offline Offline

Posts: 1568976802

View Profile Personal Message (Offline)

Ignore
1568976802
Reply with quote  #2

1568976802
Report to moderator
1568976802
Hero Member
*
Offline Offline

Posts: 1568976802

View Profile Personal Message (Offline)

Ignore
1568976802
Reply with quote  #2

1568976802
Report to moderator
1568976802
Hero Member
*
Offline Offline

Posts: 1568976802

View Profile Personal Message (Offline)

Ignore
1568976802
Reply with quote  #2

1568976802
Report to moderator
WindingTree
Member
**
Offline Offline

Activity: 110
Merit: 10


View Profile WWW
July 13, 2017, 10:01:30 PM
 #2

A Swiss private bank with 50 years of expertise in wealth management – Falcon Group – has become the first local bank to offer a new feature of blockchain asset management, including Bitcoin, to its clients.

Now, Switzerland becomes more cryptocurrency friendly. A new service has become available through Falcon Group’s cooperation with Bitcoin Suisse AG, a regulated crypto financial broker based in Switzerland. The bank has already received approval from FINMA (the Swiss Financial Market Supervisory Authority) to launch this unique product.

Read the full article: https://coinidol.com/first-swiss-bank-to-allow-exchange-and-hold-bitcoins/

Switzerland has a lot of advantages due to local regulations and a free market approach. Great to see them working on blockchain - particularly like the Zug cryptovalley!

Winding Tree - Blockchain for Travel Distribution Trusted by: Lufthansa, SWISS, Austrian Airlines, Brussels Airlines, and more!
Join our Telegram Channel
Kemarit
Legendary
*
Offline Offline

Activity: 1386
Merit: 1156


LiveCoin - is a modern stock exchange


View Profile
July 14, 2017, 06:33:23 AM
 #3

A Swiss private bank with 50 years of expertise in wealth management – Falcon Group – has become the first local bank to offer a new feature of blockchain asset management, including Bitcoin, to its clients.

Now, Switzerland becomes more cryptocurrency friendly. A new service has become available through Falcon Group’s cooperation with Bitcoin Suisse AG, a regulated crypto financial broker based in Switzerland. The bank has already received approval from FINMA (the Swiss Financial Market Supervisory Authority) to launch this unique product.

Read the full article: https://coinidol.com/first-swiss-bank-to-allow-exchange-and-hold-bitcoins/

Switzerland will always be a safe haven for those who have a lot of money. Crypto currency is money 2.0 so obviously they will "adapt and adopt".  I remember that US government is putting pressure on their government to open a lot of bank accounts, obviously this is against the bank secrecy law. Maybe this is just one way to say f** off Uncle Sam, we will gonna embrace bitcoin as well so don't mess with us. LOL. Smiley

█████████▄           ▄█
▀██▄         ██
▀██▄    ▄▄ ██
▀███ ███ ██
█████████▄        ▀▀ ██
▀██▄      ▄▄ ██
▄█████████ ███ ██
▄██▀          ▀▀ ██
████
█▀            ▄▄ ██
▄██ ███ ██
▄██▀   ▀▀ ██
▄██▀        ██
███████████▀          ▀█




▄▄█
█████
█████
█████
█████
█████

█████

█████

█████


▄▄█
█████
█████
█████
█████
█████
█████
█████

█████

█████

█████
▄▄█
█████
█████
█████
█████
█████
█████
█████
█████
█████

█████

█████

█████
█▄           ▄█████████
██         ▄██▀
██ ▄▄    ▄██▀
██ ███ ███▀
██ ▀▀        ▄█████████
██ ▄▄      ▄██▀
██ ███ █████████▄
██ ▀▀          ▀██▄
██ ▄▄            ▀█████
██ ███ ██▄
██ ▀▀   ▀██▄
██        ▀██▄
█▀          ▀███████████
Lorilikes
Sr. Member
****
Offline Offline

Activity: 672
Merit: 250


Content| Press Releases | Articles | Strategy


View Profile
July 14, 2017, 09:11:31 AM
 #4

Very interesting story! Once again the Swiss are ahead of the curve!  I am always amazed by Swiss additions to technology, or anything actually.  Cocoa, for example. Thank goodness they are on board with bitcoin!

Ask Me About Press Releases and Content Creation
★▃ ▂⭐️▂ ▃ ▅ ▆⭐️▆ ▅ ▃ ▂⭐️▂ ▃★
 
★▃ ▂⭐️⭐️▂ ▃ ★✨
✨★▃ ▂⭐️▂ ▃ ▅ ▆⭐️▆ ▅ ▃ ▂⭐️▂ ▃ ★✨

⭐️▂ ▃ ▅ ▆⭐️▆ ▅ ▃ ▂⭐️

★▃ ▂⭐️▂ ▃ ▅ ▆⭐️▆ ▅ ▃ ▂⭐️▂ ▃★

⭐️▂ ▃ ▅ ▆⭐️▆ ▅ ▃ ▂⭐️
hv_
Hero Member
*****
Offline Offline

Activity: 1316
Merit: 544

Clean Code and Scale


View Profile WWW
July 14, 2017, 12:48:44 PM
 #5

Next Swiss Bank joining news

https://www.wallstreet-online.de/nachricht/9743236-bitstamp-and-swissquote-pioneer-bitcoin-integration-with-the-traditional-financial-system


Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
cr1776
Legendary
*
Offline Offline

Activity: 2366
Merit: 1035


View Profile
July 14, 2017, 12:58:20 PM
 #6

A good step, but they caved on bank secrecy so I wonder if they'll end up caving (somehow) on bitcoin eventually. 
iram1011
Hero Member
*****
Offline Offline

Activity: 896
Merit: 521



View Profile
July 14, 2017, 01:30:55 PM
 #7

Switzerland is quite friendly to cryptocurrency enthusiasts. Bitcoin is gaining grounds in financial landscape and bank can't certainly ignore it. Glad to know FINMA took a step ahead and gave the bank the green light on managing assets based on the blockchain technology such as bitcoin and other digital currencies. Soon the rest of the banking sector will follow suit as crypto assets bring a value proposition that can't be ignored.
1Referee
Legendary
*
Online Online

Activity: 2002
Merit: 1347

Segwit please.


View Profile
July 14, 2017, 01:56:02 PM
 #8

A good step, but they caved on bank secrecy so I wonder if they'll end up caving (somehow) on bitcoin eventually. 

Obviously, they will. The problem comes from the governments as they are financially incentivizing bankers, or whatever employee with access to sensitive data, to snitch on their customers, and directly play that information to the governments. Institutions don't look at Bitcoin the way we do, for them Bitcoin is nothing more than an asset/financial product that allows them to generate extra income to please their share holders.

richardsNY
Legendary
*
Offline Offline

Activity: 1176
Merit: 1084


View Profile
July 14, 2017, 08:56:05 PM
 #9

The problem comes from the governments as they are financially incentivizing bankers, or whatever employee with access to sensitive data, to snitch on their customers, and directly play that information to the governments.

That's definitely true, but I think the percentage of people on purposely hiding a part of their wealth at x bank or financial institution, are a far minority. In most cases people, and then mainly referring to wealthier entities, don't have much problems with paying tax as long as the rewards greatly exceed that what they end up having to pay. I personally don't see the value of people trying to hide a large portion of their wealth outside the country through centralized financial institutions. At some point you'll get noticed where you will be forced to pay a hefty fine, plus the tax you 'owe' the government. It's not worth it.
aso118
Legendary
*
Offline Offline

Activity: 1918
Merit: 1012


★Nitrogensports.eu★


View Profile
July 15, 2017, 07:30:42 AM
 #10

Some rich clients will be happy to utilize this service, but when will people realize that you don't need a bank to hold your bitcoins? Plus, it would be interesting to see what happens if this bank' wallet gets hacked. Would insurance pay for Bitcoin losses?


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄           
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █               
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
CryptoBry
Sr. Member
****
Offline Offline

Activity: 868
Merit: 310


https://ez365.io Digital Asset Ecosystem


View Profile
July 15, 2017, 08:11:17 AM
 #11

A Swiss private bank with 50 years of expertise in wealth management – Falcon Group – has become the first local bank to offer a new feature of blockchain asset management, including Bitcoin, to its clients.

Now, Switzerland becomes more cryptocurrency friendly. A new service has become available through Falcon Group’s cooperation with Bitcoin Suisse AG, a regulated crypto financial broker based in Switzerland. The bank has already received approval from FINMA (the Swiss Financial Market Supervisory Authority) to launch this unique product.

Read the full article: https://coinidol.com/first-swiss-bank-to-allow-exchange-and-hold-bitcoins/

Switzerland will always be a safe haven for those who have a lot of money. Crypto currency is money 2.0 so obviously they will "adapt and adopt".  I remember that US government is putting pressure on their government to open a lot of bank accounts, obviously this is against the bank secrecy law. Maybe this is just one way to say f** off Uncle Sam, we will gonna embrace bitcoin as well so don't mess with us. LOL. Smiley

Amid all the negative discussion about the coming August 1 date, I am happy to read this news. This can boost Bitcoin in Switzerland and if there would be other banks to follow soon then I am sure Bitcoin can somehow go mainstream in that country. I am sure that the Falcon Group has realized the immense potential of Bitcoin for their large clients and they know they must be a part of the bandwagon rather than resist it. Nice move, indeed!


▄▄▄███████▄▄▄
▄▄█████▀▀''`▀▀█████▄▄
▄███P'            `YY██▄
▄██P'                  `Y██▄
███'                      `███
███'                         ███
▄██'   ▄█████▄▄  ,▄▄▄▄▄▄▄▄▄▄p   ███
▄██▀  ,████▀P▀███.`██████████P   ▀██▄
███[ ,████ __. ███.   ,▄████▀    ███
███[ ]████████████[  ▄████▀       ███
███[ `████   ,oo2 ▄████▀'       ,███
▀██▄  `████▄▄█████d███████████   ▄██▀
▀██.   `▀▀▀▀▀▀"  Y▀▀▀▀▀▀▀▀▀▀▀  ,██▀
███.                        ,███
▀██▄                      ▄██▀
▀███▄_                 ,███▀
▀███▄▄_          _▄▄███▀
▀▀████▄▄ooo▄▄█████▀
▀▀███████▀▀'

365

TM

EZ365 is a digital ecosystem that combines
the best aspects of online gaming, cryptocurrency
trading
and blockchain education. ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

..WHITEPAPER..    ..INVESTOR PITCH..

.Telegram     Twitter   Facebook

                       .'M████▀▀██  ██
                      W█Ws'V██  ██▄▄███▀▀█
                     i█████m.~M████▀▀██  ███
                     d███████Ws'V██  ██████
                     ****M██████m.~███f~~__mW█
          ██▀▀▀████████=  Y██▀▀██W ,gm███████
      g█████▄▄▄██   █A~`_WW Y█  ██!,████████
   g▀▀▀███   ████▀▀`_m████i!████P W███  ██
 _███▄▄▄██▀▀▀███Af`_m███   █W ███A ]███  ██
__ ~~~▀▀▀▀▄▄▄█*f_m██████   ██i!██!i███████
Y█████▄▄▄▄__. i██▀▀▀██████████ █!,██████
 8█  █▀▀█████.!██   ██████████i! █████
 '█  █  █   █W M█▄▄▄██████   ██ !██
  !███▄▄█   ██i'██████████   ██
   Y███████████.]██████████████
   █   ███████b ███   ██████
   Y   █   █▀▀█i!██   ████
    V███   █  █W Y█████
      ~~▀███▄▄▄█['███
            ~~*██

Play

            │
    │      ███
    │      ███
    │      ███
    │   │  ███
   ███  │  ███
   ███ ███ ███
 │  ███ ███ ███
███ ███ ███ ███
███ ███  │   │
███ ███  │   │
 │   │
 │

Trade

           __▄▄████▄▄
     __▄▄███████████████▄▄▄
 _▄▄█████████▀▀~`,▄████████████▄▄▄
 ~▀▀████▀▀~`,_▄▄███████████████▀▀▀
   d█~  =▀███████████████▀▀
   ]█! m▄▄ '~▀▀▀████▀▀~~ ,_▄▄
  ,W█. *████▄▄__ '  __▄▄█████
  !██P  █████████████████████
   W█. - ██████████████████▀
  i██[   ~ ▀▀█████████▀▀▀
 g███!
Y███

Learn
[/
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!