Published On: Mon, Jun 11th, 2018

Swiss Bank to Allow Business Accounts for Crypto Companies

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Switzerland’s mortgage bank Hypothekarbank Lenzburg (Hypi) has announced that it will open business accounts for crypto companies.While cryptocurrency and blockchain technology have been widely accepted in Switzerland, the banks have not been as friendly. With the exception of the Falcon Private Bank, which offers asset management services, Hypi will be the first Swiss bank to open its arms to the crypto community.Hypothekarbank Lenzburg CEO Marianne Wildi said that a bank like Hypi, focused primarily on technology, has to engage with the blockchain industry. “As a bank that is technologically oriented and pursues a cooperative strategy in …

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