DBS Plans For A New Crypto Currency Exchange

A DIGITAL currency exchange backed by Singapore‘s largest lender DBS is in the works, although the bank is still in the process of seeking regulatory approval. Industry observers say that if approved, the DBS Digital Exchange could be one of the world’s first crypto exchanges backed by a traditional bank. A version of the exchange’s…

Facebook Sets Up Libra Networks in Switzerland

Facebook has reportedly set up a fintech company dubbed Libra Networks in Switzerland. The move clearly correlates with the social media giant’s Project Libra. According to Reuters, the focus of the fintech is on the blockchain, payments, data analytics, and investing. Libra Networks, which was registered in Geneva on May 2, will provide financial and…

Switzerland Paves the Way for Crypto Regulation

F. Scott Fitzgerald wrote that, “Switzerland is a country where very few things begin, but many things end” — It’s unfortunate that blockchain was not of his time, as he may have been convinced otherwise! Although Switzerland has always been a welcoming land for banking and finance, the manner in which the Swiss Government has…

The Greatest Ever?

The Federer Express chugs on, merrily eclipsing all the records in his way and at the same time winning over friends and opponents with his ruthless display on the court. Roger Federer finally broke the 14 Grand Slams record of Pete Sampras by winning the Wimbledon this weekend beating Andy Roddick of the US in…