Last year, the Falcon Private Bank had received authorization from the Swiss Financial Supervisory Authority (FINMA) for managing Bitcoin (BTC) and other cryptocurrencies based on blockchain technology. Swiss bank Maerki Baumann will start accepting cryptocurrency assets for services rendered and also earned from cryptocurrency mining, according to Hypothekarbank Lenzburg . The private bank will not provide direct cryptocurrency investments and warned against large investments in cryptocurrencies, but will monitor the sector and its regulation for investment purposes. Meanwhile, the Falcon Private Bank launched company accounts for blockchain and crypto-related fintech companies this summer , while the Falcon Private Bank received regulatory approval to manage bitcoin and other blockchain-based cryptocurrencies this summer .
Swiss bank Maerki Baumann will start accepting cryptocurrency assets for services rendered and also earned from cryptocurrency mining, according to Hypothekarbank Lenzburg . The private bank will not provide direct cryptocurrency investments and warned against large investments in cryptocurrencies, but will monitor the sector and its regulation for investment purposes. Meanwhile, the Falcon Private Bank launched company accounts for blockchain and crypto-related fintech companies this summer , while the Falcon Private Bank received regulatory approval to manage bitcoin and other blockchain-based cryptocurrencies this summer .