Switzerland is very much open for business when it comes to Blockchain, Crypto and Digital Assets.
Bitcoin continues to look strong while the alt markets flounder, as bullish news pours in from every direction.
They have now formally recognised Bitcoin as an asset class, proposing rules for banks to hold the cryptocurrency that put it in the highest risk category.
Victory Capital, which manages nearly $160 billion in assets, announced they will launch a private fund for accredited investors that will track the Nasdaq Crypto Index .
It currently accounts for almost 45 per cent of the market again, with Ethereum changing hands for below $2,500 at time of writing – down four per cent over the last 24 hours.
The total spot trading volume reported by all exchanges over the last 24 hours was $43,224,623,214, down from $50,778,692,679 yesterday.
It’s definitely tempting to get swept up in the excitement, but please heed these words of caution: Do your own research, only invest what you can afford, and make good decisions.