News and insights
We know how important it is to have reliable information, facts and background details as good decision-making tools. In our press releases, you can find the latest news about Bank Frick. We provide specialist knowledge about the financial market – both conventional and blockchain-based – in our in-depth blog posts. If you would like to hear exciting updates about the cryptocurrency market, then dive into our Crypto Industry Reports.
News and insights
Revision of the General Terms and Conditions and the standard fee schedule
The General Terms and Conditions have been completely revised and amended. The most obvi-ous amendment is that any separate safe custody regulations for crypto assets are repealed and are now included in the General Terms and Conditions, together with the Safe Custody Regulations.
The Internet is gone. Everything is Metaverse now
The social network company Facebook has officially changed its name to Meta and announced that is wants to become a metaverse company. In a video, Mark Zuckerberg explains his vision of the future and the new direction Meta is pursuing.
Times are changing: Bitcoin instead of traditional loyalty points
Seemingly every other month, Mastercard announces a new partnership to expand its crypto offering. Telling by its latest announcement the multinational financial service corporation has entered a new partnership with Bakkt.
Blockchain technology reinvents correspondent banking – just not yet
As one of its major use cases, blockchain technology is said to transform traditional correspondent banking. So far major challenges have pushed back this transformation. It is more likely than ever that with central bank digital currencies on the horizon; blockchain disruption will finally come to fruition in the realm of cross-border banking.
Is the US finally coming to terms with crypto?
Crypto has been quite the talking point in the White House recently. As part of the so-called infrastructure bill, several provisions were proposed that would also affect the nascent blockchain industry.
Bank Frick again awards scholarship for Blockchain and FinTech certificate programme
As part of its cooperation with the University of Liechtenstein, Bank Frick is awarding a scholarship of CHF 9,800 to attend the Blockchain and FinTech certificate programme free of charge. The application deadline is 14 November 2021, with the course starting in January 2022.
Are we experiencing lightning fast adoption?
Twitter CEO Jack Dorsey has long come out as a Bitcoin bull. Given his optimistic stance on Bitcoin, it was only a matter of time until the social media platform would integrate the cryptocurrency. This time has now come and the option to tip with Bitcoin is currently being rolled out to users.
Turning crypto investment into an earning asset
With Ethereum upgrading to Proof of Stake, the crypto world is going through one of its most transformative shifts to date. This means that customers will soon be able to earn interest on their digital asset holdings through a process called staking. What staking is, how it will define the future of Ethereum and digital asset custody at large is explained in this article.
How decentralised is Decentralised Finance really?
The world of decentralised finance continues to pose quite a challenge when it comes to regulation. After all, who is to be regulated?
Paying with crypto: Things are picking up
Bitcoin has been designed as a peer-to-peer electronic cash network. Applying a 30-day moving average, the Bitcoin network did move over 8,2 billion US dollar on its mainchain on August 22nd.
A comprehensive overview of Liechtenstein’s banking regulation
In this in-depth article, the authors show the economic and regulatory environment in which banks in Liechtenstein operate. This article first appeared in the reference work The Banking Regulation Review (Twelfth Edition) published by Law Business Resarch.
Half-year results of Bank Frick: Budgeted annual result of CHF 3.1 million already achieved
Bank Frick generated a net profit of CHF 3.1 million in the first half-year. All strategic business segments contributed to this long-term result. For 2021, the Bank therefore expects an annual profit in the order of CHF 5 million. Thanks to the successful reorganisation initiative of the departments involving direct client contact, we have been able to pay even closer attention to the client experience.