Swiss Post is developing its own crypto depository platform

The Swiss Post banking division intends to provide customers with direct access to the cryptocurrency markets through the controlled PostFinance service. The Swiss financial system is undergoing dramatic changes. The emergence of domestic competitors such as banks Neon, Alpian, Yapeal, foreign competitors such as Revolut, and the launch of digital services by traditional commercial banks have reduced Swiss Post’s revenue and customer base. In this regard, the Swiss Post has announced a new service –…

Brazil’s largest payment service launches cryptocurrency exchange

The PicPay payment service, which works similarly to PayPal or Cash App, opens an internal platform for trading crypto assets. The team behind PicPay, a Brazilian fintech app, is confident that the launch of the cryptocurrency platform will allow more than 65 million users of the service to make transactions with crypto assets without leaving the app. “PicPay enters the cryptocurrency market to promote it not only as an investment, but also as a way…