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
Prominent European payment infrastructure provider Worldline has teamed up with financial services firm Bitcoin Suisse to allow cryptocurrency enthusiasts to spend their bitcoin in Swiss shops.
This content was published on
The only alternative to the UN Palestinian agency’s work in Gaza is to allow Israel to run services there, Philippe Lazzarini, UNRWA Commissioner-General, told reporters in Geneva on Monday.
Study reveals food culture differences between Switzerland and neighbours
This content was published on
Three-quarters of Swiss people consider eating to be a pleasurable, social activity, a new survey reveals. Healthy eating, however, plays a much less important role, it found.
Precious archaeological vases and coins returned to Italian museum
This content was published on
The Italian authorities have recovered over 2,500 precious ancient coins, vases and small sculptures that had been illegally dug up and sold in Switzerland, Eurojust announced on Monday.
PrimeEnergy Cleantech declared bankrupt by Swiss authorities
This content was published on
PrimeEnergy Cleantech has been officially declared bankrupt, the Swiss Official Gazette of Commerce (SOGC) reported on Monday.
This content was published on
The consumption of antibiotics has risen in Switzerland since the Covid-19 pandemic. However, compared to other European countries the Alpine country has one of the lowest levels of antibiotic usage.
Swiss financial watchdog foresees greater uncertainty due to geopolitics
This content was published on
The Swiss financial sector will face greater uncertainty due to the numerous geopolitical conflicts around the world, warns the Swiss Financial Market Supervisory Authority (FINMA).
Swiss museums to mark centenary of death of painter Félix Vallotton
This content was published on
Swiss museums will celebrate the centenary of the death of the artist Félix Vallotton (1865-1925) next year. A major retrospective is planned in Lausanne, his birthplace, in autumn.
Russian mission installs more ‘spy’ antennas in Geneva, Swiss TV report claims
This content was published on
Russian spies are strengthening their presence in Geneva, according to a report by Swiss public television, RTS. Russian officials have placed new satellite dishes on their diplomatic buildings without authorisation.
This content was published on
Switzerland should join NATO, as in the future it cannot rely on its long-standing tradition of neutrality for its defence, John Bolton, Donald Trump's former national security adviser, declared in an interview on Sunday.
This content was published on
A demonstration was held in Geneva on Sunday calling for an immediate end to the war in Ukraine. Around 50 Russians took part in the gathering outside the UN building.
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.