The regulated Swiss bank said it is working on developing a standard for cryptocurrency payments between members of the OpenVASP association.
Gazprombank (Switzerland) has been authorized by FINMA to launch institutional cryptocurrency services in Switzerland.
BBVA is poised to enter the cryptocurrency trading and custody space, according to two people familiar with the plans.
Russian state-owned gas giant Gazprom may soon begin using blockchain to execute and monitor contracts as part of its digitization plans.
Russia's state-owned Gazprombank is reportedly looking into facilitating cryptocurrency transactions through a Swiss subsidiary.