SEBA Bank Launches Its Own Crypto Gold Token

The Swiss are taking the gold - to the Ethereum blockchain. After announcing the move back in March this year, Swiss bank SEBA issued its gold-backed stablecoin. The token will allow users to own physical gold digitally. The bank will record the ownership on the Ethereum blockchain - an immutable ledger used to record crypto transactions. Specifically, SEBA says that the token will give investors a more accessible way to hold gold. In particular, investors can use the token to…

SEBA Becomes the First Swiss Bank to Obtain Crypto Custody License

SEBA bank announced it had become the first Swiss bank to get a digital assets custody license. However, this license limits the bank to provide crypto custodian services for institutions only. Switzerland Eyes Digital Banking FINMA has permitted SEBA to be the pioneer in the regulated crypto era in Switzerland. However, the license has conditions that it is only valid for nation-native institutional-grade investment projects. As per Guido Buehler, CEO of SEBA bank, his institution has been enjoying excellent business…

Phil Dettwiler Says Bitcoin A Genuine Investment Scope

Switzerland leads when it comes to cryptocurrency advancement. Currently, many Switzerland bankers believe Bitcoin is certainly suitable for Switzerland's financial and banking sector. On a recent podcast, Phil Dettwiler of SEBA Bank AG stated that Bitcoin is truly an investment opportunity because it is a store of value. Likewise, Bobby Lee recently said that bitcoin's price would reach $ 1 million or more and said that it was the opportunity of a lifetime. Crypto Banks Have Been Making Effort Recently,…