News and insights
We know how important it is to have reliable information, facts and background details as good decision-making tools. In our press releases, you can find the latest news about Bank Frick. We provide specialist knowledge about the financial market – both conventional and blockchain-based – in our in-depth blog posts. If you would like to hear exciting updates about the cryptocurrency market, then dive into our Crypto Industry Reports.
News and insights
Marianne Müller new on the Board of Directors
The Board of Directors (BoD) of Bank Frick has appointed Marianne Müller as a new member of the Board of Directors effective 1 May 2022. She brings with her great expertise in the areas of regulatory affairs, compliance and financial market supervision.
Setting a Precedent: Uniswap gets sued
For the first time in its history, decentralised exchange (DEX) protocol Uniswap is faced with a class-action lawsuit. Initiated by an individual called Nessa Risely, who lost a lot of money using crypto’s most famous DEX, two U.S. law firms have joined the action and invited anyone that has lost money as well trading on Uniswap to join the class action lawsuit.
Annual Report Bank Frick 2021: Annual profit more than doubled
Bank Frick closes 2021 with an excellent annual profit of CHF 9.8 million. Net income increased again and client assets under management also grew in the reporting period. All the business segments contributed to the strong annual result. In order to further improve service to clients and be prepared for the future, resources were created and the front departments reorganised.
EU is on the verge of adopting controversial cryptocurrency legislation
It was taken as a huge relief within the crypto space: The much-discussed proposal to ban Proof-of-Work (PoW) based cryptocurrencies was recently rejected in the EU Parliament. Soon after though, the next wave of trouble came rolling in.
Politicians are warming up to crypto
It seems as if the global cryptocurrency space is looking at clearer regulatory guidance to be adopted soon. In the U.S., President Biden’s recent executive order represents the first all-encompassing government approach to clearly lay out proper regulation of crypto assets.
Stablecoins: Why all the hate?
Over the last three years, stablecoins total market capitalisation has tremendously grown from less than 3 billion USD to well over 100 billion USD. At the same time, over the course of this year, between 15 to 30 billion USD have traded in these stablecoins on any given day.
Ethereum 2.0: A bumpy road worth travelling
Our bi-weekly Crypto Industry Report provides you with valuable information on the global crypto industry – picked and analysed by our blockchain experts.
Bitcoin and Inflation: It’s complicated
Our bi-weekly Crypto Industry Report provides you with valuable information on the global crypto industry – picked and analysed by our blockchain experts.
Wie klassische Finanzintermediäre in der Krypto- und Blockchain-Welt Fuss fassen können
Mit zunehmender Selbstverständlichkeit fragen immer mehr Kunden nach Dienstleistungen rund um Kryptowährungen. Für Finanzintermediäre eröffnet diese Nachfrage neue Geschäftsmöglichkeiten. Um das Potenzial heben zu können, müssen die Akteure aber auch das Spezialwissen zur Verfügung haben.
Big moment for DAOs?
The concept of DAOs, short for Decentralised Autonomous Organisations, was surely off to a bad start. After all, in April of 2016, the fist DAO project – called The DAO – was launched, only to be hacked about two months later.
Revision of the General Terms and Conditions and the standard fee schedule
The General Terms and Conditions have been completely revised and amended. The most obvi-ous amendment is that any separate safe custody regulations for crypto assets are repealed and are now included in the General Terms and Conditions, together with the Safe Custody Regulations.
The Internet is gone. Everything is Metaverse now
The social network company Facebook has officially changed its name to Meta and announced that is wants to become a metaverse company. In a video, Mark Zuckerberg explains his vision of the future and the new direction Meta is pursuing.