Hypothekarbank Lenzburg has become the first bank in Switzerland to provide business accounts to blockchain and cryptocurrency companies, Cointelegraph auf Deutsch reported June 6. While Falcon Private Bank has provided crypto asset management services since last year, Hypothekarbank Lenzburg CEO Marianne Wildi confirmed that they are first bank in the country to open company accounts for blockchain and crypto-related fintech companies. Wildi said: "As a bank that sets itself up technologically and pursues a cooperative strategy in the field of fintech, it is also a matter of credibility to work together with the young sector of crypto and blockchain companies …

British Virgin Islands-based Bitfinex, the fifth largest crypto trading platform in the world in terms of trading volume, intends to relocate its business to Zug, Switzerland, Cointelegraph auf Deutsch reported Tuesday, March 27. Jean Louis van der Velde, CEO at Bitfinex, confirmed the exchange’s plans to the Swiss business newspaper Handelszeitung Tuesday. The Bitfinex leadership has reportedly met several times with the State Secretariat for International Finance SIF and also with the Federal Councilor Johann Schneider-Ammann, who heads the Economic Department of Switzerland. "We are looking for a new domicile for Bitfinex and the parent company iFinex, where we want …