Basler Kantonalbank (BKB) of Switzerland has abruptly announced the clampdown of its crypto-assets-focused project in a bid to focus on other sectors set out in its strategy for the years 2022 to 2025. Besides, BKB has also declared to close its fintech subsidiary Innovation that had developed digital asset-focused solutions for the bank. The Head of Communication at BKB, Patrick Riedo, affirmed that the BKB Group will not continue the 'Digital Assets' project.