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PostFinance introduced Ethereum staking to its cryptocurrency offerings on Thursday, allowing customers to earn passive income through its platform.
We are expanding our crypto service and introducing staking. It will allow our customers to generate passive income by depositing cryptocurrencies.
Find out more: https://t.co/YP7MIYH64d pic.twitter.com/dNJikbcJml
— PostFinance (@PostFinance) January 16, 2025
Find out more: https://t.co/YP7MIYH64d pic.twitter.com/dNJikbcJmlAccording to the bank’s announcement, this new staking feature is part of PostFinance’s collaboration with Sygnum, a FINMA-regulated digital asset bank.
Ethereum Staking with Minimum 0.1 ETH Deposit
Initially available for Ethereum, the service integrates with the bank’s existing app and e-finance systems, offering customers transparency and ease of access.
PostFinance customers can participate in staking with a minimum deposit of 0.1 ETH, providing a simple entry point for users.
The bank emphasized that staking is conducted directly on the Ethereum blockchain, ensuring a high level of transparency and security.
“The ‘staking’ service is fully integrated into PostFinance’s existing services. This means that customers can see their ‘staking rewards’ directly in their asset statement, along with their other crypto assets,” said PostFinance Head of Digital Finance Alexander Thoma.
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The staking rewards will be displayed alongside other crypto assets in customers’ asset statements within the bank’s app and e-finance platform. The integration allows users to track their earnings in real-time.
Currently, the staking feature is limited to Ethereum, but PostFinance has indicated plans to expand the service to include other cryptocurrencies in the future. Details regarding the timeline for these additions have not yet been disclosed.
Proposal to Include Bitcoin in Swiss Constitution
In a related development reflecting Switzerland’s broader engagement with cryptocurrency, Swiss legislator Samuel Kullmann recently initiated a proposal to include Bitcoin into the Swiss constitution.
A Swiss legislator is pushing for a referendum plan, which would require collecting 100,000 signatures to vote on adopting Bitcoin to Swiss constitution.#SwissBitcoin #SwissNationalBank #BitcoinReservehttps://t.co/kDCgzmFz2R
— Cryptonews.com (@cryptonews) January 2, 2025
According to crypto advocate Dennis Porter, the referendum plan requires collecting 100,000 signatures within an 18-month timeframe, after which a public vote on the proposal can take place.
The proposal, which has reached the Swiss federal government review stage, also intends to train canton-level parliament members about Bitcoin as part of the signature collection process.
Porter emphasized the symbolic significance of the effort, describing it as a way to advance awareness and adoption of Bitcoin.
The post PostFinance Launches Ethereum Staking for Passive Income appeared first on Cryptonews.
