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Switzerland-Based Bank Sygnum Partners With Taurus Group And Launches Staking Service
Summary: Switzerland-based bank Sygnum has announced that the fintech firm is storing digital assets with the company Taurus Group. The bank's clients will also now be able to purchase and stake XTZ by leveraging the Tezos network, according to a recent announcement. Sygnum added that the company will be using Taurus’s node system and crypto storage framework. ...
Switzerland-based bank Sygnum has announced that the fintech firm is storing digital assets with the company Taurus Group. The bank's clients will also now be able to purchase and stake XTZ by leveraging the Tezos network, according to a recent announcement.
Sygnum added that the company will be using Taurus’s node system and crypto storage framework. The bank plans to expand staking services for a variety of digital asset networks going forward.
The announcement comes after a number of Swiss banks including Arab Bank Switzerland, Falcon, Maerki Baumann, SEBA Bank have obtainined banking licenses from the country’s Financial Market Supervisory Authority (FINMA).
By Emily Mason
Tags: Regulation,Switzerland,Sygnum,Tezos Network
Link: Switzerland-Based Bank Sygnum Partners With Taurus Group And Launches Staking Service [Copy]
