• About
  • Advertise
  • Contact
Cryptopolitan
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events
No Result
View All Result
Cryptopolitan
No Result
View All Result
Home News Industry News

Switzerland bank Basler Kantonalbank set to launch crypto services

Muhaimin Olowoporoku by Muhaimin Olowoporoku
2020-08-04 12:54 pm
in Industry News
2 min read
Switzerland bank
585
SHARES
3.2k
VIEWS
Share on FacebookShare on Twitter

Switzerland bank Basler Kantonalbank (BKB) would mark as the first bank in the country to begin offering crypto services to its clients.

The bank would begin by offering Bitcoin investment through a subsidiary in 2021, making it the first Switzerland bank government-supported bank to leapfrog into the crypto space.

Local reports in Switzerland on Monday claimed that BKB’s subsidiary and a national banking group, Bank Cler are working out services that would enable customers to trade and store cryptocurrencies.

RelatedPosts

Akon angry he sold Bitcoin gifted to him in 2014

Crypto adoption surge continues as Night Club in Miami now accepts Bitcoin

MicroStrategy to pay directors in Bitcoin

Crypto investments are risky, Sri Lanka warns

Switzerland bank Basler Kantonalbank owns a major stake in cler even tho cler has its banking license independent of BKB.

Switzerland bank crypto service, response to high demand

Reportedly, BKB set to launch crypto service is a response to increased demand for these services in the country.

A representative of the bank who confirmed the crypto service launch said that they are working to offer clients a solution for the trading and deposit of selected cryptos.

As an established regional (Basler Kantonalbank) and indeed national (Bank Cler) banking group, he explained they wish to give clients secure access to these new financial products.

However, the BKB representative did not specify what type of crypto coins would be available on the platform. Likewise, the platform is still at the preliminary stage of development, with no particular date for launch yet.

BKB driving crypto adoption in Switzerland

No doubt, through BKB’s crypto service provision, the bank would enhance crypto adoption among Swiss citizens and residents n the country. Basler Kantonalbank, with this initiative, becomes the first government bank in the country to break into the crypto industry.

This topic is being driven forward within the BKB Group by the digital competence center of Bank Cler,a BKB spokesperson revealed.

Unlike many other countries around the globe, Switzerland remains one of the most crypto-friendly countries in the world. Switzerland also houses the unpopular crypto valley, one of the worlds leading blockchain ecosystems around.

Tags: bankscryptocurrency tradingcryptomarket
Muhaimin Olowoporoku

Muhaimin Olowoporoku

Muhaimin loves writing on crypto news aside from being a crypto enthusiast. He has a knack for analysing issues and updating people on what's happening around the globe. He believes that blockchain and cryptocurrency are the most useful systems of mutual trust ever devised.

Related Posts

Akon
Industry News

Akon angry he sold Bitcoin gifted to him in 2014

2021-04-14 16:36 pm
Crypto adoption
Industry News

Crypto adoption surge continues as Night Club in Miami now accepts Bitcoin

2021-04-13 16:58 pm
MicroStrategy
Industry News

MicroStrategy to pay directors in Bitcoin

2021-04-12 20:39 pm
Crypto
Industry News

Crypto investments are risky, Sri Lanka warns

2021-04-12 17:36 pm
How PKT Cash Provides an Economic Incentive for People to Connect Bandwidth to the Decentralized PKT Network 1
Industry News

How PKT Cash Provides an Economic Incentive for People to Connect Bandwidth to the Decentralized PKT Network

2021-04-12 05:50 am
ETH popularity on YouTube
Industry News

ETH popularity on YouTube exceeds that of Bitcoin

2021-04-10 11:42 am

Follow Us

  • 51k Fans
  • 8.3k Followers

Popular News

  • Ripple price prediction XRP blasts past $1.8392 as bulls relentlessly pursue $2.0

    Ripple price prediction: XRP blasts past $1.8392 as bulls relentlessly pursue $2.0

    1266 shares
    Share 506 Tweet 317
  • XRP Price Prediction 2021, 2023, 2025, 2030

    963 shares
    Share 385 Tweet 241
  • Cardano price prediction: ADA fails to break above $1.50, what’s next?

    926 shares
    Share 370 Tweet 232
  • Bitcoin crackdown could be coming – a warning from Kraken CEO

    857 shares
    Share 343 Tweet 214
  • Dent Token Prediction for 2021 – 2025

    830 shares
    Share 331 Tweet 207

Latest News

Uniswap Price Prediction 2021-04-15

Uniswap price prediction: Uniswap retests $37, set to reach $40 today

April 15, 2021
Binance Coin Price Prediction 2021-04-15

Binance Coin price prediction: Binance Coin retraces to $535, prepares to set another lower high?

April 15, 2021
Ukrainian politician admits to losing access to 400 BTC wallet

Ukrainian politician admits to losing access to 400 BTC wallet

April 15, 2021
DOGE Price Prediction

DOGE Price Prediction: Dogecoin to the moon, to hit its $0.2 target after safeguarding support

April 15, 2021
Ethereum Berlin hard fork now deployed, here's what to expect

Ethereum Berlin hard fork now deployed, here’s what to expect

April 15, 2021

Signup To The Daily Roundup

Get New Posts By Email:
Privacy Policy

Got a Story tip? Email Contact@Cryptopolitan.com

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News

Binance News
Ripple News
Cardano News

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker
Sitemap

Exclusive Partners of

Footer 2

Got a Story tip? Email Contact@Cryptopolitan.com

cryptopolitan 1

News

Guides
Bitcoin News
Blockchain News
Ethereum News
Industry News
Research News
Scam News
Regulation News
Exchange News
Bitcoin Price
Ethereum Price
Bitcoin Cash Price
Cardano Price
Dash Price

Stay Connected

Facebook
Twitter
Telegram
Youtube

Company

About
Contact
Write for us
Advertise with us
Privacy Policy
Cookie Policy
Comment Policy
Editorial Policy
Terms and Conditions
Crypto Portfolio Tracker

Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.

© 2021 Cryptopolitan. All rights reserved. Terms | Privacy

No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Binance
    • Ripple
    • Ethereum
    • Cardano
  • Guides
  • Regulation
  • Price Index
    • Bitcoin Price
    • Ethereum Price
    • Ripple Price
    • Cardano Price
    • Binance Coin Price
  • Research
  • Scam
  • Events

Copyright © 2020 Cryptopolitan.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.