With 73 % of voters in favor, Switzerland approved the permanent use of cash in a referendum this Sunday, March 8.
In an increasingly digital world, a high percentage of transactions in Switzerland are still paid for with cash. The referendum to decide whether this payment method would be…
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Switzerland
Switzerland to hold a referendum in 2026 to decide the future of cash
Next year, specifically on March 8, 2026, Switzerland will hold a referendum to decide whether the country will protect cash in the face of the rise of digital payments.
The measure was announced by the Federal Council (Swiss Executive) on…
Venezuela signed an agreement with Dubai and Switzerland on agricultural cooperation
With the aim of strengthening international cooperation and promoting sustainable development, Venezuela signed an agricultural agreement with representatives from Dubai and Switzerland.
The signing was carried out through the Ministry of…
Europe concentrates the countries with the highest intelligence according to Google AI
Artificial intelligence has made projections regarding which is the most intelligent European country, placing Finland in first place. The country is followed by Estonia, Switzerland, the Netherlands, Germany, the United Kingdom and France.…
UBS launches tokenized fund on Ethereum
The world's largest private bank, UBS, based in Switzerland, has launched its first tokenized fund UBS USD Money Market Investment Fund Token (uMINT) on the Ethereum blockchain.
According to the UBS statement published on Friday, November…
Switzerland to return to UN Human Rights Council in 2025
After a five-year absence, Switzerland will return to the United Nations Human Rights Council. The return will be effective from January 2025 until the end of 2027.
The election of the United Nations General Assembly was held on October 9,…
Switzerland to support scientific projects with Alps supercomputer
Switzerland has the new Alps supercomputer, the sixth most powerful in the world, which places it among the technological leaders along with Finland, Japan and the United States.
The European country will make the sixth supercomputer with…
Switzerland and the US signed an agreement for the mutual exchange of banking data
In order to comply with the provisions of the Foreign Account Tax Compliance Law, the governments of Switzerland and the United States agreed on June 27 to exchange bank account data starting in 2027.
The agreement was announced by the…
Patient with Parkinson’s walks again thanks to a neuroprosthesis
Neuroscientists and neurosurgeons from different university centers in Lausanne (Switzerland), the University of Bordeaux (France) and the National Institute for Health and Medicine Research in France have designed a neuroprosthesis that…
UBS to cut 3,000 jobs in Switzerland after Credit Suisse integration
UBS plans to cut around 3,000 jobs in Switzerland over the next few years as a result of the purchase of its rival Credit Suisse, agreed last March and completed in June, as announced by the entity's CEO, Sergio Ermotti.
"In Switzerland,…
Switzerland works on new wholesale CBDC project
The Central Bank of Switzerland would be working on a wholesale CBDC, backed in Swiss francs, and with the support of Six Digital Exchange.
The information was released at the recent event in Zurich, Point Zero Forum, by the entity's…
Swiss President in favor of Credit Suisse-UBS merger
The Swiss government defended its role in bailing out Credit Suisse Group through its takeover by rival UBS, saying intervention to prevent the collapse of the country's second-biggest bank was necessary to avoid "disastrous" consequences.…