A company that is changing the way the world mines bitcoin

BitcoinSistemi 2025-01-17 06:11:06

Swiss State Bank Reveals Important Development Regarding Ethereum

Swiss state bank PostFinance AG has taken another step into the world of digital assets by offering Ethereum staking to enable its clients to earn passive income by pledging their Ethereum (ETH) holdings. In a statement today, PostFinance announced that it plans to expand its staking services to other cryptocurrencies in the near future. Staking involves allocating crypto assets to support blockchain transactions in exchange for rewards, making it an increasingly popular way for investors to earn passive income. PostFinance, which began offering cryptocurrency trading and custody services nearly a year ago, has become the first systemically important Swiss bank to introduce staking. The move underscores the bank’s commitment to embracing digital assets as interest in crypto continues to grow in Switzerland and beyond. Related News: Insidious Danger Awaiting Bitcoin and Altcoins: Analysts Warn Ahead The expansion comes amid a surge in crypto prices and renewed global interest in digital assets, driven in part by Donald Trump’s return to power in the United States, which has reignited debate over crypto-friendly policies. Interest in digital assets has been growing in Switzerland, known for its progressive approach to blockchain and crypto innovation. A group of Swiss crypto advocates recently proposed a national referendum that would require the Swiss National Bank (SNB) to hold bitcoin in its reserves alongside traditional assets like dollars, euros, and gold. While the proposal has attracted attention, it faces significant hurdles as the SNB is openly skeptical about the adoption of cryptocurrencies at a national level. *This is not investment advice. Continue Reading: Swiss State Bank Reveals Important Development Regarding Ethereum