Spar in Switzerland Embraces Innovation by Allowing Bitcoin Payments at Checkout Spar, one of Switzerland’s leading grocery chains, has recently taken a significant step towards embracing the future of digital currencies. Customers can now pay for their groceries using Bitcoin, a popular form of cryptocurrency, right at the checkout counter. This innovative move comes as […]
Swiss shift to digital payments opens door for stablecoins
Swiss Embrace Digital Payments: A Doorway to Stablecoins Switzerland, known for its precision watches, impeccable chocolates, and picturesque landscapes, is now making a name for itself in the digital payment realm. Recent data has revealed that digital payments in the country have surged to represent 35% of all in-store purchases, surpassing cash transactions for the […]
Switzerland mandates cyberattack reporting for critical infrastructure from 1 April 2025
Switzerland Implements Mandatory Cyberattack Reporting for Critical Infrastructure Switzerland is taking a proactive approach to cybersecurity by mandating the reporting of cyberattacks for operators of critical infrastructure. Starting from April 1, 2025, companies in charge of vital systems such as energy, water, healthcare, and transportation will be required to report any cyber incidents to the […]
Swiss Canton Moves Forward with Bitcoin Mining Report
In a significant move reflecting the increasing acceptance of cryptocurrency, a Swiss canton has taken steps to advance a report on Bitcoin mining. This initiative is a response to the growing interest in cryptocurrency within Switzerland, a country known for its progressive stance toward digital currencies and blockchain technology. However, this initiative is not without […]
Gatemore Seeks Watches of Switzerland Buyback, US Listing
In a strategic move that could reshape the landscape of luxury watch retailing, Gatemore Capital Management has acquired a significant stake in Watches of Switzerland Group Plc. This investment is accompanied by a strong recommendation for the company to initiate an aggressive share buyback program valued between £25 million ($32 million) and £50 million and […]
Watches of Switzerland Acquires Hodinkee
Watches of Switzerland Group Plc has officially declared its acquisition of Hodinkee Inc., a prominent US-based watch enthusiast platform known for its high-quality editorial content and backed by high-profile investors, including LVMH and NFL star Tom Brady. This strategic move not only aims to boost the British company’s online presence in the US market but […]