Sygnum Bank Now Stores Digital Assets With Taurus Group

The Switzerland-based bank Sygnum has announced this week that the fintech firm is now storing digital assets with the company Taurus Group. On Friday, the bank also revealed that the FINMA-approved firm’s clientele can purchase and stake XTZ by leveraging the Tezos network. Earlier this year, news.Bitcoin.com reported on a number of Switzerland-based fintech services like Sygnum, Arab Bank Switzerland, Falcon, Maerki Baumann, SEBA Bank, and others obtaining banking licenses from the country’s Financial Market Supervisory Authority (FINMA). In January, the Swiss bank Julius....

The Switzerland-based bank Sygnum revealed on Tuesday that the firm now allows Ethereum 2.0 staking. The FINMA-approved company’s customers can access the Ethereum-based staking services via Sygnum’s banking platform. Sygnum’s Banking Platform Offers Ethereum 2.0 Staking Last November, Sygnum Bank AG revealed that it is partnered with the company Taurus Group, a firm that also works with SEBA bank and other Swiss fintech services. The financial services company also detailed at the time that Sygnum would offer customers crypto staking accounts. The partnership with Taurus....

Sygnum, a Swiss-based bank, has recently revealed that it will begin offering customers access to Ethereum 2.0 staking through its banking platform. This would make the bank the first bank to offer ETH 2.0 staking to its clients. Sygnum Bank has said that its clients would be able to conveniently and security stake Ethereum through […]

Prior to the latest approval, Sygnum Singapore was only allowed to offer asset management activities with its CMS license. Sygnum Singapore, a subsidiary of Switzerland-based cryptocurrency bank Sygnum, is expanding services after securing new regulatory approval from local authorities.The company announced Tuesday that Sygnum Singapore received in-principle approval from the Monetary Authority of Singapore (MAS) to offer three additional regulated activities under capital markets services (CMS) license. The CMS license was initially granted in 2019, allowing Sygnum Singapore to conduct....

Sadly, the departure of Taurus means the online Bitcoin exchange market in Canada shrinks again. Bitcoin exchanges are among the few companies who do not necessarily pivot their business model over time. Taurus, a company founded back in 2014, is doing something different, though. The company will steer away from professional day trading in favour of a more mainstream approach. A rather refreshing turn of events, as it goes to show mainstream users want easier access to cryptocurrency right now. It is quite interesting to see Taurus change their business model in a positive manner. Unlike....