Swiss bank BancaStato launches regulated crypto trading with Sygnum
Swiss cantonal bank BancaStato integrated Sygnum’s crypto trading and custody services into its Avaloq-powered digital banking apps for Bitcoin and other assets.
[Update 13:41 UTC, July 23: Updates with comments from BancaStato in the 13th paragraph.]
Swiss bank BancaStato has launched regulated cryptocurrency trading using digital asset bank Sygnum and banking software provider Avaloq.
BancaStato, the cantonal bank serving Switzerland’s Italian-speaking Ticino region, joined Sygnum’s business-to-business (B2B) banking platform to offer crypto asset services, according to a Thursday announcement shared with Cointelegraph.