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Swiss cantonal bank BancaStato launches regulated crypto trading as US and Japan rate outlook looms
The Ticino cantonal bank BancaStato introduced a regulated retail crypto‑trading service, allowing customers to buy, hold and sell Bitcoin, Ethereum, Litecoin and Solana directly through its e‑banking platform. The offering runs on Sygnum’s FINMA‑licensed infrastructure, integrated into the Avaloq core‑banking system, and marks the sixth Swiss cantonal bank to provide such services, covering over a third of the Swiss population.
At the same time, macroeconomic data from the United States and Japan are expected to shape crypto prices this week. The Federal Reserve’s interest‑rate decision and the latest US core‑inflation (PCE) figures, together with the Bank of Japan’s policy move, are seen as key drivers for Bitcoin, which remained just above $65,000, while Ethereum gained more than 3 %.
Separately, nine major financial institutions, including BlackRock, ARK Invest, Coinbase, Fidelity Digital Assets and Strategy, formed the Bitcoin Security Consortium, committing up to $15 million over three years to protect the protocol against future quantum‑computing threats.
Entities
BancaStato · Bitcoin · BlackRock · Federal Reserve · Sygnum