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Swiss Banks Step In To Offer Innovative Solutions For Crypto Payments 

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By on July 23, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Swiss Banks Step In To Offer Innovative Solutions For Crypto Payments  appeared first on Coinpedia Fintech News

Swiss banks are stepping in to offer innovative solutions for real-time crypto payments. Swiss banking giants, particularly AMINA Bank AG and Sygnum Bank AG, have recently introduced real-time payment and settlement systems. These initiatives aim to address the market’s struggles following the failures of the Silvergate Exchange Network (SEN) and Signature Bank’s Signet platform. Their abrupt exit intensified the liquidity crisis already worsened by the downfall of FTX and Alameda Research. These banks are also leveraging European Union’s MiCA regulation to enhance their offerings.

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