Greek billionaire launches crypto bank for cannabis businesses, and token based on Bitcoin

posted 3 months ago
Greek billionaire Alki David launched the Swissx Bank of Cannabis, the bank is aimed at facilitating “legal marijuana transactions across the globe.” It was launched with David’s Switzerland-based consortium and will reportedly be based in the Swiss Alps resort town of Gstaad.

The bank also boasts an SWX coin, which is being touted as “a cryptocurrency based on Bitcoin’s blockchain technology with single-unit pricing pegged directly to the median global price of premium hemp flower.”
Tags: blockchain, bitcoin, news