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.
Has your continent reached its peak or is there still potential for economic growth?
Some regions of the world are on an upward trajectory with the promise of a steadily improving future. Where do you live? And in which direction is your region or continent developing?
Living longer: What do you think about the longevity trend?
The longevity market is booming thanks in part to advances in the science of ageing. What do you think of the idea of significantly extending human lifespan?
US tariffs: pharma firms not planning job cuts in Switzerland
This content was published on
The additional investments in the US will not lead to a reduction in jobs in Switzerland. This is according to pharmaceutical giant Roche, which expects the number of employees to remain stable in the current year. The position of Novartis is similar.
Switzerland is closely monitoring three livestock diseases
This content was published on
The spread of Lumpy skin disease, Bluetongue and African swine fever are keeping Swiss veterinary authorities on the alert.
Swiss writer wins European Prize for Political Culture
This content was published on
On Saturday, the Hans Ringier Foundation awarded the 91-year-old Zurich writer Adolf Muschg the European Prize for Political Culture.
Swiss government working with firms to overcome high US tariffs
This content was published on
The Swiss delegation that travelled to Washington has returned from talks on tariffs in the United States. The negotiations are now being conducted under the aegis of the government and the federal administration, according to Seco.
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.