FINMA

Libra Association Pursues FINMA Payment License
Libra Association Pursues FINMA Payment License
September 11, 2019  |  Cryptocurrency

The Libra Association is petitioning the Swiss Financial Market Supervisory Authority (FINMA) for a Swiss payment system license for its planned Libra cryptocurrency, Reuters reported...

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Bitcoin Daily: FINMA Grants Licenses To Two New Blockchain Firms; ShortHop Crypto Exchange Launches In Seven New States
Bitcoin Daily: FINMA Grants Licenses To Two New Blockchain Firms; ShortHop Crypto Exchange Launches In...
August 26, 2019  |  Bitcoin

The Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG and Sygnum AG....

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Marcus: Facebook’s Libra To Be Regulated By Swiss Gov’t
Marcus: Facebook’s Libra To Be Regulated By Swiss Gov’t
July 15, 2019  |  Cryptocurrency

David Marcus, the head of Facebook’s blockchain department and the face of its proposed cryptocurrency Libra, has released his congressional testimony ahead of a scheduled...

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Bitcoin Daily: Trustology Debuts iPhone-Controlled Crypto Vault; FINMA Says $90M ICO Illegal
Bitcoin Daily: Trustology Debuts iPhone-Controlled Crypto Vault; FINMA Says $90M ICO Illegal
March 28, 2019  |  Bitcoin

Trustology has launched an iPhone-controlled crypto vault that is reportedly safe enough for financial institutions (FIs). TrustVault is now available in the Apple U.K. App...

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Bitcoin Daily: Hublot Unveils Bitcoin Watches; Swiss Regulator Throttles Bank Crypto Trading
Bitcoin Daily: Hublot Unveils Bitcoin Watches; Swiss Regulator Throttles Bank Crypto Trading
November 07, 2018  |  Bitcoin

Blockchain, the crypto wallet provider, plans to have an airdrop worth $125 million, Fortune reported. Through the cryptocurrency giveaway, each recipient would receive around the...

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Credit Suisse Censured By FINMA For Lax Anti-Money Laundering Processes
Credit Suisse Censured By FINMA For Lax Anti-Money Laundering Processes
September 17, 2018  |  Regulation

Credit Suisse has been censured by FINMA, the Swiss financial supervisor, for weak anti-money laundering processes, reported Financial Times. According to the report, the government...

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Bitcoin Daily: UBS CEO Is Bullish On Blockchain, Swiss Crypto Fund Receives License
Bitcoin Daily: UBS CEO Is Bullish On Blockchain, Swiss Crypto Fund Receives License
June 19, 2018  |  Bitcoin

Crypto Fund AG, a subsidiary of Crypto Finance Group, says that it has received a license from the Swiss government to distribute funds, Reuters reported. The...

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Swiss Regs Say JPMC Breached AML Rules
Swiss Regs Say JPMC Breached AML Rules
November 20, 2017  |  Regulation

JPMorgan Chase’s Swiss subsidiary broke anti-money laundering rules in that country, according to FINMA, the Swiss financial markets authority. Reuters reported that the findings have...

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Swiss Regulators Investigate ICOs; South Korea Bans Them
Swiss Regulators Investigate ICOs; South Korea Bans Them
September 29, 2017  |  Bitcoin

While Swiss financial watchdog FINMA announced it is investigating a number of initial coin offerings (ICOs) for possible breaches of Swiss law, South Korea has...

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