Switzerland is grappling with immigration challenges linked to its economic boom, powered by a low-tax business model that has strained political relations with the European Union. This issue, a major sticking point during previous negotiations, threatens to disrupt ongoing talks with the EU to update trade agreements, as Switzerland seeks to introduce measures...
Tag: EU
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Swiss crypto bank Sygnum secures license in Liechtenstein for EU expansion
Swiss crypto banking group Sygnum told CryptoSlate that it has secured a crypto license in Liechtenstein via its local subsidiary. According to a Sept. 23 statement, the firm said its Liechtenstein subsidiary Sygnum Europe AG had been registered with the country’s Financial Market Authority (FMA) as a service provider under the Token and Trusted Technology...
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Digital asset bank Sygnum eyes EU entry with Liechtenstein licenses – Ledger Insights – blockchain for enterprise
Today digital asset bank Sygnum said it has received regulatory approval for its local subsidiary to operate in Liechtenstein. It’s eyeing delivering services in the European Union with the core of the Markets in Crypto-Assets Regulation (MiCA) coming into force at the end of the year. Sygnum started as a Swiss regulated bank in 2019...
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 "Switzerland mulls ending centuries-old neutrality amid growing animosities between Russia & Europe")
Switzerland mulls ending centuries-old neutrality amid growing animosities between Russia & Europe
While Switzerland has maintained neutrality since 1515, a study committee recommended the country’s government work on a ‘common defence capability’ with the EU and NATO read more Amid the growing animosities between Russia and Europe, Switzerland is rethinking its centuries-long neutral stance over global conflicts. In a bombshell report published on Thursday, a group of...
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Switzerland expands sanctions against Russia
Switzerland has expanded its sanctions against Russia to include additional measures recently taken up by the European Union against Moscow over its ongoing aggression against Ukraine, the Swiss government said on Tuesday, News.Az reports citing Reuters. Pointing to a package of measures adopted by the EU against Russia on June 24, the Swiss economy ministry...
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EFTA Deal: India to link duty cuts with investments from companies of member nations
India is set to tie duty reductions associated with the trade agreement with the European Free Trade Association (EFTA) to investments made by companies from member nations, including Switzerland, Norway, Iceland, and Liechtenstein, reported TOI. These nations have collectively pledged to invest $100 billion over a span of 15 years. The FTA is scheduled to...