Join Our Mailing List
Friday February 03, 2023
Bitcoin (BTC) $23,387.27   Ethereum (ETH) $1,640.11
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Regulation

Blockchain startup Polybius Bank to setup in Switzerland as Ernst & Young agrees to advise

Published by CryptoNinjas.net
04/25/2017

The team of Polybius Bank, a project aimed to create a regulated bank for the digital generation announced a recent visit Zurich and Zug, Switzerland, and the team is now reporting of prospective collaboration with Ernst & Young, one of the “Big Four” accounting firms, who agreed to be the bank’s advisers.

In addition, it was announced the Polybius Bank is more than likely going to seek Switzerland banking licenses and base operations in the country. The more things might change they also stay the same as the bank capital of the world, Switzerland, is eager to see that continue into the fintech generation, and the Polybius team recognized this.

Polybius informed regarding meetings with Crypto Valley Association and Ministry of Economic Development of Zug.The financial regulator in Switzerland (FINMA) is enthusiastic to help new projects and collaborate in order to create regulations for all parties to benefit. Switzerland, as a financial hub takes great interest in innovative fintech projects and blockchain solutions and is eager to support them; several fintech blockchain-based projects have already acquired their licenses through FINMA.

More benefits of a Switzerland base for the Polybius include low tax and decision-makers are easy to get in touch with. Thus, the relocation of Polybius to Switzerland will allow the startup company to save a considerable amount of capital while acquiring necessary licenses.

The project has yet to announce a date for its planned ICO, but the company roadmap can be viewed below

178
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

New EY CAAT tech facilitates cryptocurrency reporting and compliance

03/04/2019
New EY CAAT tech facilitates cryptocurrency reporting and compliance

Ernst & Young LLP today announced the launch of the EY Crypto-Asset Accounting and Tax (CAAT) tool, a technology solution that facilitates accounting and tax calculations for cryptocurrency transactions. The software was developed by...

Read more

Switzerland grants Crypto Finance AG permission to distribute crypto funds

06/18/2018
Switzerland grants Crypto Finance AG permission to distribute crypto funds

Crypto Finance AG, a financial technology holding company founded in June 2017 today announced that its subsidiary Crypto Fund AG received Switzerland's FINMA license to be a distributor of collective investment schemes and gains...

Read more

Switzerland regulators publish ICO guidelines

02/16/2018
Switzerland regulators publish ICO guidelines

In guidelines published today, the Swiss Financial Market Supervisory Authority FINMA sets out how it intends to apply financial market legislation in handling inquiries from ICO organizers. The guidelines also define the information FINMA...

Read more

Crypto Valley welcomes new FINMA guidance on regulatory treatment of ICOs

09/29/2017
Crypto Valley welcomes new FINMA guidance on regulatory treatment of ICOs

Today FINMA, the Swiss regulator, released new guidance on the regulatory treatment of initial coin offerings (ICOs). It also said it is “investigating a number of ICO cases to determine whether regulatory provisions have...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy