{"id":32225,"date":"2020-11-23T16:48:07","date_gmt":"2020-11-23T14:48:07","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=32225"},"modified":"2025-08-28T07:36:24","modified_gmt":"2025-08-28T04:36:24","slug":"gazprombank-launches-experimental-bitcoin-trading-in-switzerland","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/gazprombank-launches-experimental-bitcoin-trading-in-switzerland\/","title":{"rendered":"Gazprombank launches experimental Bitcoin trading in Switzerland"},"content":{"rendered":"<p>The Swiss subsidiary Gazprombank (Switzerland) Ltd <a href=\"https:\/\/www.avaloq.com\/en\/-\/gazprombank-ltd-successfully-trades-bitcoin#:~:text=After%20receiving%20approval%20from%20the,its%20first%20transactions%20in%20Bitcoin\" target=\"_blank\" rel=\"noopener noreferrer\">launched<\/a> experimental Bitcoin trading.<\/p>\n<p>The solution was developed in collaboration with fintech company Avaloq and Metaco and is intended to simplify cryptocurrency transactions.<\/p>\n<blockquote>\n<p>\u201cThe new service enables transactions with cryptocurrencies to be as simple as transactions with traditional assets. Digital assets will gain increasing importance for our clients and the global economy,\u201d said Roman Abdulin, CEO of Gazprombank (Switzerland) Ltd.<\/p>\n<\/blockquote>\n<p>Gazprombank (Switzerland) Ltd became the first banking institution to join the industry association OpenVASP. It <a href=\"https:\/\/forklog.com\/en\/news\/switzerland-conducts-first-automated-bitcoin-transaction-compliant-with-fatf-rules\">is engaged in<\/a> compliance with FATF regulatory requirements for virtual asset service providers. Among its members are the cryptocurrency exchange Bitcoin Suisse and the cryptobank Sygnum.<\/p>\n<p>Plans by Gazprombank to conduct cryptocurrency operations through its Swiss subsidiary were disclosed in spring 2018.<\/p>\n<p>At the end of October Gazprombank (Switzerland) Ltd <a href=\"https:\/\/forklog.com\/en\/news\/gazprombanks-swiss-subsidiary-granted-approval-to-offer-cryptocurrency-services\">received<\/a> approval from the Swiss Financial Market Supervisory Authority (FINMA) to operate cryptocurrency accounts for corporate and institutional clients.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Feed<\/a> \u2014 the full feed of news, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Swiss subsidiary Gazprombank (Switzerland) Ltd has launched experimental Bitcoin trading.<\/p>\n","protected":false},"author":1,"featured_media":32226,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,671,468],"class_list":["post-32225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-gazprombank","tag-switzerland"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/32225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=32225"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/32225\/revisions"}],"predecessor-version":[{"id":32227,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/32225\/revisions\/32227"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/32226"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=32225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=32225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=32225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}