{"id":107026,"date":"2026-07-23T07:43:10","date_gmt":"2026-07-23T07:43:10","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/107026\/"},"modified":"2026-07-23T07:43:10","modified_gmt":"2026-07-23T07:43:10","slug":"swiss-bank-bancastato-launches-regulated-crypto-trading-with-sygnum-lcx-crypto-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/107026\/","title":{"rendered":"Swiss bank BancaStato launches regulated crypto trading with Sygnum | LCX Crypto News"},"content":{"rendered":"<p>Swiss bank BancaStato has launched regulated cryptocurrency trading using digital asset bank Sygnum and banking software provider Avaloq.<\/p>\n<p>BancaStato, the cantonal bank serving Switzerland\u2019s Italian-speaking Ticino region, joined Sygnum\u2019s business-to-business (B2B) banking platform to offer crypto asset services, according to a Thursday announcement shared with Cointelegraph.<\/p>\n<p>The integration allows BancaStato customers to buy, sell and hold four crypto assets, including Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Solana (SOL), through the bank\u2019s existing web and mobile banking apps.<\/p>\n<p>BancaStato joins more than 25 financial institutions using Sygnum\u2019s B2B platform to offer regulated digital asset services.<\/p>\n<p>How BancaStato\u2019s crypto service works<\/p>\n<p>BancaStato integrated Sygnum\u2019s trading and custody services into its existing Avaloq banking system.<\/p>\n<p>Headquartered in Zurich, Avaloq develops the software banks use to run their core banking and digital banking services. The integration connects Sygnum\u2019s application programming interface (API) directly to Avaloq\u2019s platform, allowing customers to access crypto trading from their existing banking app.<\/p>\n<p>The setup also removes the need for a separate order management system, which the companies said reduces operational complexity and makes it easier to add new features.<\/p>\n<p>Related: Revolut says USDT delisting is limited to EEA, Switzerland<\/p>\n<p>According to Fritz Jost, Sygnum\u2019s chief B2B officer, BancaStato is the first bank using Avaloq\u2019s software-as-a-service platform to let customers buy, hold and sell crypto assets through its e-banking platforms using Sygnum\u2019s API. Jost said the launch marked a \u201csignificant step in the maturity and scalability of regulated digital asset infrastructure.\u201d<\/p>\n<p>Sygnum expands European banking network<\/p>\n<p>Sygnum\u2019s banking partners include Societe Generale-FORGE, PostFinance and VZ Depotbank.<\/p>\n<p>Sygnum announced in late June that its Liechtenstein-based subsidiary, Sygnum Europe AG, received a crypto-asset service provider (CASP) license under the European Union\u2019s Markets in Crypto-Assets (MiCA) regulation from Liechtenstein\u2019s Financial Market Authority (FMA).<\/p>\n<p>\u201cThis means European partner banks can plug into the same proven bank-to-bank infrastructure without going through the multi-year process of building and licensing their own crypto operations,\u201d Jost told Cointelegraph.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/07\/pasted-image-2110.png\"\/><\/p>\n<p>Source: Sygnum Bank<\/p>\n<p>He said banks remain responsible for their own regulatory arrangements, while Sygnum provides the licensing, custody and trading infrastructure. \u201cThat is exactly what allows a bank to go from decision to live offering in months rather than years.\u201d<\/p>\n<p>The license came shortly before the end of the Markets in Crypto-Assets Regulation transitional period on July 1, allowing Sygnum Europe to provide regulated crypto asset services under MiCA.<\/p>\n<p>Magazine: Binance &amp; OKX users face $1,900 fines in Vietnam, Coinbase in China? Asia Express<\/p>\n<p>Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph\u2019s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. <\/p>\n","protected":false},"excerpt":{"rendered":"Swiss bank BancaStato has launched regulated cryptocurrency trading using digital asset bank Sygnum and banking software provider Avaloq.&hellip;\n","protected":false},"author":2,"featured_media":107027,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[4],"tags":[1898,41,17],"class_list":["post-107026","post","type-post","status-publish","format-standard","has-post-thumbnail","category-switzerland","tag-bitcoin","tag-swiss","tag-switzerland"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116968175268986366","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/107026","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=107026"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/107026\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/107027"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=107026"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=107026"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=107026"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}