Postfinance, a Swiss government-owned bank, to provide Bitcoin trading services

PostFinance’s parent firm Swiss Post is a well-known entity in the world of cryptocurrency. Here are the three most important things to know about Swiss Post’s involvement in the crypto space:

1. Pro-crypto stance: Swiss Post has been vocal about its support for cryptocurrencies and blockchain technology. In 2019, it launched a pilot project with blockchain startup Proxeus to explore the use of blockchain in its logistics operations. Swiss Post also partnered with blockchain firm Modum to develop a temperature monitoring system for pharmaceutical shipments.

2. Crypto custody services: Swiss Post is currently working on its own crypto custody services, which will allow customers to securely store their digital assets. The service is expected to launch in 2022 and will be available to both institutional and retail investors.

3. Crypto stamp collectibles: In 2019, Swiss Post issued a series of crypto stamp collectibles, which featured blockchain pioneers such as Hal Finney and Nick Szabo. The stamps were designed to raise awareness about blockchain technology and its potential applications.

In summary, Swiss Post’s pro-crypto stance, development of crypto custody services, and issuance of crypto stamp collectibles demonstrate its commitment to the blockchain industry. As the adoption of cryptocurrencies continues to grow, Swiss Post’s involvement in the space is likely to become even more significant.