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Facebook's Crypto Libra Isn't Getting Away With Measly Swiss Payments License
Switzerland’s financial regulator has indicated that Facebook’s cryptocurrency project Libra will be required to meet additional requirements besides getting a payment system license prior to starting operations. дальше »
2019-9-12 18:01 | |
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Facebook Now Seeking Swiss Payment System License for Crypto Project Libra
Facebook’s cryptocurrency project Libra is now seeking a Swiss payment license, said financial watchdog FINMA on Wednesday. Social media giant Facebook (FB) first announced its plan to launch a cryptocurrency in June, as an attempt to move into global payments that has drawn intense scrutiny from global financial authorities. The stablecoin Libra, which is planned […] дальше »
2019-9-11 17:55 | |
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Facebook: Libra Association responds to FINMA’s guidelines by filing for a license as a payment system
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. дальше »
2019-9-11 17:53 | |
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Facebook’s Libra Set to Register as Payment System in Switzerland
Coinspeaker Facebook’s Libra Set to Register as Payment System in SwitzerlandFacebook’s Libra cryptocurrency project is seeking a Swiss payment system license, financial watchdog FINMA said, noting the breadth of the planned services would require broad oversight. дальше »
2019-9-11 13:20 | |
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Switzerland’s FINMA clarifies its stand on stablecoins soon after Facebook’s Libra pursues a payment license
On 2 May 2019, Facebook had registered a new company, Libra Networks, in Geneva, a step that turned out to be the company’s first move into the blockchain space. Recently, The Libra Association, the non-profit organization behind Facebook’s Libra cryptocurrency project, announced that it is pursuing a payment system licence from the Swiss Financial Market […] The post Switzerland’s FINMA clarifies its stand on stablecoins soon after Facebook’s Libra pursues a payment license appeared first on AMBCrypto. дальше »
2019-9-11 13:00 | |
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Facebook Seeks Payments License For Libra as Code Vulnerabilities Surface
Despite escalating regulatory concerns from the governments of the world, Facebook appears to be pressing on with its global bank ambitions. This week the social media giant made moves to seek a payments license for Libra from Switzerland while the US Treasury warned that it would face tough standards. дальше »
2019-9-11 11:31 | |
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Libra Association Seeks Swiss Payments License for Facebook’s Crypto
The organization tasked with governing Facebook’s planned stablecoin network has revealed it is applying for a payment system license with Switzerland’s financial watchdog
дальше »2019-9-11 09:47 | |
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Libra Association Seeks Swiss Payments License for Stablecoin
The organization tasked with governing Facebook’s planned stablecoin network has revealed it is applying for a payment system license with Switzerland’s financial watchdog
дальше »2019-9-12 09:47 | |
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Stablecoins Pegged Against Foreign Currency Could Affect Swiss Monetary Policy: Central Bank President
Many regulators and heads of financial institutions have expressed concern over cryptocurrencies and their use. Crypto assets come with many challenges that place financial institutions in an awkward position as far as dealing with digital assets goes. дальше »
2019-9-7 19:21 | |
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Swiss National Bank President Says Stablecoins Could Hamper Policy
Swiss National Bank President Thomas Jordan says foreign-pegged stablecoins could hamper Switzerland’s monetary policy in some circumstances
дальше »2019-9-7 04:26 | |
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Federal Reserve Chair Jerome Powell Talks About Demand Of Central Bank Digital Currencies
The chair of the U. S. central bank (Fed), Jerome Powell, recently spoke about some of the hottest crypto subjects during a forum sponsored by the Swiss Institute of International Studies. During his presentation, he was asked whether central banks should issue their own centrally-backed cryptos and if they were losing an opportunity for not […] дальше »
2019-9-7 03:03 | |
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Swiss Central Bank Dreads Scary Foreign Stablecoin Crypto
Switzerland’s central bank is fretting over the possibility of stablecoins pegged to foreign currencies eroding its ability to use its monetary policy tools effectively, further complicating the path for cryptocurrency projects such as Libra. дальше »
2019-9-7 20:17 | |
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Libra-Like Tokens Pose Risks to Swiss National Bank’s Monetary Policy
The Swiss National Bank (SNB) is afraid that digital currencies like Facebook’s Libra might impede the central bank’s capability to initiate and implement monetary policy. This is the conclusion of Thomas Jordan, chairman of SNB’s governing board. дальше »
2019-9-6 15:00 | |
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How Hong Kong protesters are embracing ‘offline’ messaging apps to avoid being snooped on
The internet may be vulnerable to state intervention, but demonstrators in Hong Kong have found a way around it to stay connected to each other. As pro-democracy rallies rage in the territory, protestors are increasingly giving up on SMS, emails and China’s social media Swiss army knife WeChat in favor of peer-to-peer mesh networking apps like Bridgefy and FireChat. дальше »
2019-9-3 10:43 | |
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Switzerland’s Largest Retailer To Track Groceries On TE-FOOD Blockchain
If you live in Switzerland, blockchain technology could become part of your next shopping trip. Migros, the largest Swiss retailer, is implementing a “blockchain-based traceability system” to trace fresh ingredients. дальше »
2019-8-30 17:46 | |
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Agorism and Bitcoin: Free People Don’t Ask Maxine Waters for Permission
Anti-agorism Congressional Representative Maxine Waters still has misgivings about Facebook’s proposed Libra digital currency, even after meeting with Swiss government officials to discuss the tech last week. дальше »
2019-8-30 11:45 | |
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Stablecoin Lending May Interest Recession-Wary Investors
Investors have swung wildly between risk-on and risk-off postures, as Sino-U. S. trade tensions rise and fall. While crypto-volatility is still too strong for most investors to stomach, there could be a more reliable refuge for investor value. дальше »
2019-8-30 21:51 | |
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Swiss Regulators Award First Banking Licenses to Blockchain Banks
FINMA, Switzerland’s financial regulatory body, recently awarded its first banking and securities dealers’ licenses to two Swiss blockchain banks, according to a report by Finews on August 26, 2019. The license comes after the regulatory body released a guideline regarding cryptocurrency and blockchain in the country. дальше »
2019-8-28 12:15 | |
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Swiss Central Bank In Close Contact With Facebook’s Libra, Affirms Documents Are Very Vague
The Swiss National Bank, known the central bank of the country, has recently contacted the responsible people for Facebook’s Libra project in order to know more about the project. Fritz Zurbruegg, the vice-chairman of the bank, has talked about the contact so far and claimed that the documents that back the project are very vague. […] дальше »
2019-8-28 05:06 | |
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Swiss Regulator Issues Guidance for Blockchain and Cryptocurrency
FINMA, the financial market regulator in Switzerland, has released a guide in line with FATF rules in order to target KYC/AML compliance for blockchain payments companies and cryptocurrencies. Any party that transacts in cryptocurrencies or transmits money over the blockchain is liable to comply with existing money laundering regulation in Switzerland, August 26, 2019. дальше »
2019-8-27 01:00 | |
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Swiss Regulator Grants First-Ever Banking Licenses to 2 Blockchain Firms
By CCN Markets: Blockchain projects around the world have been seeking approval, or for that matter, concrete guidance, from regulators such as FINMA for the last several years. FINMA, the Swiss financial regulatory watchdog, has approved two requests for banking licenses. дальше »
2019-8-27 22:30 | |
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Swiss Crypto Banks Receive Licenses From Financial Regulator
Two Swiss banks have received a banking and securities dealer licence from the Financial Market Supervisory Authority
дальше »2019-8-27 19:54 | |
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Switzerland Meeting Does Little To Quell Libra Doubts
Last week, six members from the US House of Representatives’ Financial Services Committee met with Swiss regulators, including the Federal Data Protection and Information Commissioner and the Financial Market Supervisory Authority, to discuss Facebook's Libra project. дальше »
2019-8-27 19:31 | |
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Swiss Financial Regulator Grants Very-First Crypto Banking Licenses to SEBA and Sygnum
In a move that is first in the crypto market, the Swiss financial regulator has awarded the banking and securities dealer licenses to two new “crypto banks.” Two pure-play blockchain service providers Zurich registered Sygnum and Zug registered SEBA are now cleared to offer services to institutional and professional customers. FINMA, Swiss Financial Market Supervisory […] дальше »
2019-8-26 19:06 | |
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Swiss regulator approves banking license for crypto banks; updated KYC AML rules follow
As crypto businesses have started to make the move into crypto-friendly geographies to avoid risk of shutting down, Switzerland made headlines on the other side of this spectrum by announcing banking licenses to two cryptocurrency-focused banks. дальше »
2019-8-26 16:30 | |
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Swiss Regulator Releases AML, KYC Guidance for Blockchain Payments
Switzerland’s financial regulator has released guidance on regulatory requirements for payments on the blockchain
дальше »2019-8-26 13:11 | |
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PR: SMART VALOR Lists Bitcoin Cash & Offers Users 5% Cash Back in Crypto
The first Swiss company to operate an integrated cryptocurrency exchange and custody, SMART VALOR, has added Bitcoin Cash to its range of listed tokens. Why does this matter and what’s in it for buyers? The listing of Bitcoin Cash (BCH) on SMART VALOR matters, because it is the first fully compliant and licensed exchange launched out of Switzerland and Lichtenstein by a team of crypto pioneers of early Bitcoin days. дальше »
2019-8-26 12:30 | |
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Swiss Private Bank Affirms It Has 400 Clients Are Inquiring About Crypto Offerings
Maerki Baumann, a Swiss private bank, has recently affirmed that 400 new clients are currently interested in crypto and blockchain offerings. According to the bank, which is based in Zurich and has around $8. дальше »
2019-8-23 22:45 | |
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Приложение-агрегатор банковских счетов стало новым «единорогом»
Швейцарский финтех-стартап Numbrs в ходе очередного раунда финансирования привлек $40 млн. Об этом в интервью Bloomberg рассказал сооснователь и CEO стартапа Мартин Сайдлер. В результате привлечения инвестиций оценка компании превысила $1 млрд, что позволило Numbrs войти в клуб «единорогов». дальше »
2019-8-23 16:30 | |
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Swiss Data Protection Agency Expects Libra Info By End Of August
Switzerland's Federal Data Protection and Information Commissioner (FDPIC) has been tapped by Facebook to oversee Libra and the Libra Association. While Facebook hasn't been the easiest to get in contact with for the FDPIC, the agency expects to have more information on the Libra project by the end of the month. дальше »
2019-8-22 23:47 | |
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Facebook’s Libra to Dominate Discussions during U.S. Lawmakers’ Visit to Switzerland
Coinspeaker Facebook’s Libra to Dominate Discussions during U. S. Lawmakers’ Visit to SwitzerlandThe U. S. House Financial Services Committee delegation plans to visit Switzerland to exchange views about Facebook’s Libra with the Swiss FDPIC Adrian Lobsiger. дальше »
2019-8-20 17:38 | |
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Libra Returns to Center Stage as American Delegation Holds Talks with Swiss Regulators
Libra is back to making headlines after a brief stint in the shadows following news that they may not launch if regulators don’t approve of the project. As per a Bloomberg report, August 18, 2019, a delegation of six bureaucrats, led by Rep. дальше »
2019-8-19 15:41 | |
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CEO Of SIX Digital Exchange (SDX) Resigns From His Position Due to Conflicting Growth Strategy
Martin Halblaub, the head of an ambitious Swiss digital exchange, SDX, is stepping down. The CEO has cited strategic differences and personal reasons for his departure. Halblaub runs a consulting firm called Successful Boards and was only in place for the first phase of SDX. дальше »
2019-8-16 20:08 | |
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Etihad Airways Partners with Travel Platform Winding Tree for Blockchain Solutions
Coinspeaker Etihad Airways Partners with Travel Platform Winding Tree for Blockchain SolutionsThe UAE’s Etihad Airways has established collaboration with the Swiss blockchain platform Winding Tree to enhance logistics and distribution services. дальше »
2019-8-9 13:35 | |
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Gold Beats the S&P 500 YTD but Risks Abound for the Safe-Haven Asset
As volatility ravages the stock market, it is no surprise that demand for safe-haven assets is soaring. The controversial godfather of defensive assets, gold, has outperformed the S&P 500 year-to-date, and it’s undoubtedly no coincidence. дальше »
2019-8-8 00:00 | |
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Зачем стартапам одобрение швейцарского регулятора на операции с криптовалютой
В конце июля мобильный сервис с российскими корнями Aximetria получил в Швейцарии лицензию на работу с криптовалютами. Информация о получении лицензии появилась на официальном сайте стартапа, сооснователем и CEO которого выступает бывший программист МТС Алексей Ермаков. дальше »
2019-8-8 16:48 | |
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Crypto Businesses Now Comprise 7% of the Swiss Financial Services Standards Association
The crypto industry is certainly growing a lot in Switzerland right now. Do you want a big proof of this? The Swiss Financial Services Standards Association, known also as VQF, currently has 7% of its members being members of the blockchain market. дальше »
2019-8-3 02:48 | |
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South Korea Creates Regulation-Free Zone For Crypto Development
The government of South Korea has recently declared Busan as a “regulation-free zone” for blockchain technology. This move was being expected for a long time, as the government had announced it a while ago. дальше »
2019-8-3 00:41 | |
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Regulated Swiss Bank Dukascopy Announces Reward Programs for Native Token Holders
In the blockchain and cryptocurrency community, there are few nations around the world that have managed to capture and legitimize the nascent industry like Switzerland has. Now, Swiss-based FOREX banking service provider Dukascopy Bank is opening up a reward program for new and existing mobile current account (MCA) users. дальше »
2019-8-2 20:19 | |
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Crypto Valley’s Top 50 Report Shows Increasing Market Size and Employment
In a report published by Venture Capital firm CV VC, in partnership with PwC’s Strategy & IT on July 30, 2019, the current state of Swiss Crypto Valley is deeply analyzed. The investigation features market size, geographical hotspots, regulatory benefit as well as employment growth, unicorns, and new innovative services. дальше »
2019-8-1 17:00 | |
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Earn Rewards by Holding Dukascoin, the Crypto from the First Decentralized Swiss Forex Bank
Cryptocurrency, as a medium of exchange and holding value, offers great benefits over traditional fiat. In the decade it has been formed, cryptocurrencies have faced resistance from the banking and regulatory sector. дальше »
2019-8-1 13:24 | |
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Швейцарская почта Swiss Post временно приостановила доставку посылок дронами
В Швейцарии государственный почтовый оператор Swiss Post решил временно прекратить использовать дроны для доставки медицинских анализов и посылок, поскольку они стали представлять угрозу для жизни граждан. дальше »
2019-8-1 12:09 | |
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