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Switzerland’s St.Galler Kantonalbank has launched Bitcoin and Ether trading for select customers, planning to add more coins in the future. Switzerland’s St.Galler Kantonalbank (SGKB), one of the largest banks in the country, is moving into cryptocurrency by introducing Bitcoin (BTC) and Ether (ETH) trading to its customers. SGKB has partnered with the global cryptocurrency-focused bank SEBA to offer its clients digital asset custody and brokerage services. Announcing the news on Nov. 1, SGKB and SEBA said that the new crypto service is immediately available to select SGKB customers following a short period of testing earlier this year. Starting off with Bitcoin and Ether support, SGKB plans to expand its offerings to additional cryptocurrencies based on client demand. Founded back in 1868, St.Galler Kantonalbank is a major Swiss regional bank, offering retail and commercial banking as well as private and institutional banking. SGKB is reportedly the fifth largest bank in Switzerland...

Over the years, Ripple has announced innumerable XRP partner ships that it ultimately abandoned. Thousands of crypto leaders publish official-looking Press Releases about preliminary initiatives that generate minimal results. Their primary intention is usually to associate the token with the large brand partner and its “utility.”  Occasionally, those large brands are not even aware that the partnership exists. Helium (HNT), for example, once promised token holders that it had partnerships with Salesforce and Lime scooters that never existed. According to the Securities and Exchange Commission (SEC), Ripple’s partnership announcements were not merely innocent attempts at brand-building — to the contrary, Ripple made over $2 billion off XRP sales in large part as it “made an avalanche of public statements” attempting to increase the value of XRP. According to commissioners, Ripple misused XRP partnerships to sway investors into believing they were making an investment in XRP...