Facebook: Libra Association responds to FINMA’s guidelines by filing for a license as a payment system

2019-9-11 17:53

Earlier today, the Swiss Financial Market Supervisory Authority [FINMA] released guidelines on regulating stable coins. The guideline detailed how the regulatory authority will classify and regulate stablecoins based on its nature.

Importantly, the guidelines outlined how Libra would be classified by FINMA. The blog post stated, “The Libra Association asked FINMA for an assessment of […]

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Cryptocurrency Firms Now Licensed Under Updated Banking Regulations in Switzerland

Swiss FINMA recently introduced new guidelines for companies, including blockchain and cryptocurrency-based firms interested in the new FinTech license. Details of the Guidelines Switzerland’s financial regulatory body, the Financial Market Supervisory Authority (FINMA), recently published a set of guidelines for the procurement of the new FinTech License.

2018-12-5 12:41


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