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A Step Forward: Trading With Cryptocurrencies At The Luzerner Kantonalbank

As far as cryptocurrencies are concerned, Switzerland is becoming an incubator for innovation. In the canton of Zug, entrepreneurs can use Bitcoin to pay their taxes up to 1.5 million Swiss francs, and the Zuger government has pledged 39 million francs for a blockchain research center. The other cantons do not want to draw the shorter one: as the first state bank, the Luzerner Kantonalbank (LUKB) intends to offer trading in cryptocurrencies.
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China Laid Out Generative AI Rules

Although the Chinese government sees Artificial Intelligence (AI) as a strategic technology that helps it achieve its economic and geopolitical goals, the country laid out its rules to regulate those who provide generative AI capabilities to the public in China.
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Singapore: The New Financial Center In Asia Pacific?

Singapore has emerged as the leading financial centre in the Asia-Pacific region, solidifying its position as a global hub for financial services. With its impressive rankings in various categories and proactive government initiatives, Singapore has proven itself to be a formidable player in the international financial landscape.
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“Green Tax” To Promote Sustainable Investment In Hong Kong

The Hong Kong Monetary Authority (HKMA) has published a discussion article called "Prototype of a Green Classification Framework for Hong Kong" to seek views on the development and introduction of a green taxonomy for Hong Kong. But what exactly is it all about?
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What To Know About The Swiss Finance Minister Karin Keller-Sutter

Karin Keller-Sutter, the Finance Minister responsible for the merger of two major Swiss banks, UBS and Credit Suisse, and thus one of the most significant financial decisions in Europe over the past decade, is credited with the merger. Let's now examine the woman responsible for these decisions.
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What To Know About The Greta Thunberg Book

When her critics talk about climate activist Greta Thunberg, they like to portray the now 19-year-old Swede as a naïve as well as radical speaker who pursues noble goals - but loses sight of the economic and social realities of our world. Greta Thunberg herself has made it her mission to secure the future of life on earth, a seemingly impossible task. And yet she has managed to mobilise hundreds of thousands of people and bring public focus to this issue. In her book, you find a harsh reckoning with the global elites.
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Saudi Arabia’s Neom: A Futuristic Smart City

A groundbreaking project is taking shape in the heart of Saudi Arabia. Neom, a $500 billion smart city, is set to revolutionise urban living and become a beacon of innovation and sustainability. Led by Crown Prince Mohammed bin Salman, Neom aims to create a futuristic city that embraces technology, clean energy, and harmonious coexistence with nature.
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The OECD Minimum Tax Creates A Whirlwind In Switzerland

Ralf - stock.adobe.com
In a relatively small country like Switzerland, there are a variety of tax rates. They are dependent on each canton. However, the OECD minimum tax measure adopted by a referendum in June 2023 could lead to an undesirable tightening of tax competition within the country.
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