Swiss Regulator Approves First Domestic Spot Bitcoin ETF Under Fund Law
TL;DR: Switzerland’s FINMA has authorized a Bitcoin ETF structured as a Swiss-law public investment fund; the approval differs from older exchange-traded crypto products already sold in Europe. Switzerland has taken a significant step in how Bitcoin exposure can be packaged for ordinary investors. Financial regulator FINMA says it has approved the country's first publicly offered…
Swiss Bitcoin Reserve Effort Withdrawn After Resistance From Central Bank
Campaign founder Yves Bennaim isn’t giving up. Even after his group failed to gather enough signatures to force a Swiss national referendum on Bitcoin reserves, Bennaim said another push could follow. The Swiss direct democracy system requires campaigns to hit a signature threshold within 18 months — his team didn’t make it. A Bold Proposal…