Swiss central bank pretty much saying: « we can’t deal with this shit. You solve it amongst yourselves »
Meanwhile cantonal banks are smiling and accepting new costumers. If only they would pick Bitcoin instead…
Discussion
From what I‘ve read, it seems to be a structural problem with CS. That cannot be solved by SNB with endless liquidity, it needs a structural change. And such can only come frome either restructuring the bank (if it has enough healthy divisions to do it by itself) or by takeover by a bigger bank. Will be interesting to see where it leads in any case!
And yes: IMHO cantonal banks should be bold enough to step into the crypto market. That would give them an edge over the big players.