Cryptocurrency gaining popularity among Swiss as an investment
Cryptocurrencies as an investment class is becoming more popular among Swiss savers. Young people in particular are increasingly venturing into bitcoin and other digital money.
This content was published on
1 minute
SDA-Keystone/ac
Español
es
La criptomoneda gana popularidad entre inversionistas
A survey conducted by the market research institute Intervista on behalf of Migros Bank revealed that 7% of savers between the ages of 18 and 55 possess cryptocurrencies in their portfolio. Among the youngest group of respondents (between 18 and 29 years), 13% said that bitcoins and other digital currencies will become even more important for them in the future.
In addition, 7% of those aged 30 to 55 plan to continue to invest in crypto currencies in the future.
Older investors are still wary of the new player on the block. In the group of respondents over 55 years of age, only 0.5 percent were betting on the long-term growth of digital money. Only one in a hundred savers in this age group own bitcoin or other digital currencies.
It is getting easier for bitcoin owners to spend their digital money in Switzerland. Retailers, ski resorts and luxury brands have slowly started accepting the new asset class for payments. A total of 1,500 Swiss residents were surveyed by Intervista.
More
More
Swiss payments system aims to link bitcoin and retailers
This content was published on
Worldline last year took over SIX Payment Services, the former arm of the Swiss stock exchange group that provides payment card terminals in 85,000 Swiss retail outlets. The French company now wants to hook this infrastructure up with cryptocurrencies. It has signed a letter of intentExternal link with Swiss crypto company Bitcoin Suisse, which will…
Young undocumented migrants gain easier access to vocational training
This content was published on
Rejected asylum-seekers and young undocumented migrants in Switzerland will have easier access to basic vocational training from June 1.
Migration: Swiss government wants to shorten reunification period for families
This content was published on
Family members of people temporarily admitted to Switzerland should in future be able to join them after two years instead of three.
This content was published on
2023 was a record year for the Rhaetian Railway in several respects. Never before has the narrow-gauge railway in Graubünden, eastern Switzerland, transported so many passengers and cars.
Swiss CFOs much more optimistic despite global uncertainty
This content was published on
The main concerns of business leaders in Switzerland are geopolitical uncertainty and the important trading partners Germany and China.
Record organ donation in Switzerland despite high rejection rates
This content was published on
More organ donations were recorded in Switzerland in 2023 than ever before. This was despite a high rejection rate of 58% by surviving relatives.
This content was published on
Seven years after the death of record-breaking Swiss mountain climber Ueli Steck, his estate is going to the Alpine Museum of Switzerland in Bern.
World’s first crypto banks seen as game changer for Switzerland
This content was published on
Crypto banks Sygnum and SEBA have convinced the Swiss regulator that crypto assets can have a place in the traditional financial sector.
Swiss ski resort accepts bitcoin for settling tax bills
This content was published on
Zermatt, which lies in the shadow of the Matterhorn mountain, said on Tuesday that it will allow people living there to pay the whole range of taxes in bitcoin with no limit on the amount they contribute in the cryptocurrency. In 2018, the town of Chiasso in the Italian-speaking area of Switzerland said it would…
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.