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First Mover Asia: Bitcoin Jumps Above $31K; Ether Gas Fees Drop

Good morning. Here’s what’s happening:Prices: A day after bitcoin completed its record ninth-straight weekly decline, the largest cryptocurrency s.

Avaloq's Mathias Schuetz to lead merged Seba Bank divisions

Digital Asset Banking Platform SEBA Bank Adds to Leadership Team

SEBA, Swissquote, Sygnum, Vontobel and Swisscom Join in Proof of Concept Digital Asset Reference Rate

SEBA, Swissquote, Sygnum, Vontobel and Swisscom Join in Proof of Concept Digital Asset Reference Rate Swisscom has joined with financial firms SEBA, Sygnum, Vontobel, and Swissquote, to pilot the Swiss Institutional Digital Asset Reference Rate (SIDAR). According to a public statement, during a two-week testing period, the partners carried out daily fixings for Bitcoin and Ether. The banks acted as data contributors and Swisscom as the calculation agent. Swisscom states that digital assets are gaining in popularity yet popular price and volume data sources are “susceptible to manipulation, damaging the image and credibility of the digital asset market as a whole and hindering institutional adoption.” Swisscom points to the US Securities and Exchange Commission’s decision not to approve a Bitcoin ETF due to “deficiencies in the reliableness of the used reference prices.”