Facebook's Libra cryptocurrency has applied for guidance on obtaining a payment licence from Swiss regulator Finma, prompting the financial watchdog to update its rulebook on the treatment of stable coin projects.
From 2019, interested parties can apply for the new FinTech licence.
Crypto Fund AG, a subsidiary of Crypto Finance AG, is now the first and only crypto company to receive authorisation from the Swiss Financial Market Supervisory Authority FINMA under the Swiss Collective Investment Schemes Act CISA.
The #MetaHash team is proud to announce that it has successfully passed the review of the Swiss Financial Market Supervisory Authority (FINMA) and received a legal conclusion according to which the #MetaHashCoin (#MHC) is officially recognised as the utility token with payment functions.
Crypto Fund AG receives the FINMA license as a distributor of collective investment schemes and gains the opportunity to distribute funds to qualified investors.
Swiss supervisory watchdog Finma has identified cyber security risks as it chief policy concern for 2018.
Swiss financial markets regulator Finma has updated its rules for digital client onboarding to reflect advances in technology such as the ability to authenticate a user with a "selfie with liveness detection".
In guidelines published today, the Swiss Financial Market Supervisory Authority FINMA sets out how it intends to apply financial market legislation in handling enquiries from ICO organisers.
On 18 October 2017, the Australian Securities and Investments Commission (ASIC) and the Swiss Financial Markets Authority (FINMA) entered a new agreement to cooperate on innovation in the financial sector.
Six months after receiving approval from FINMA – the Swiss trade repository service provided by SIX Securities Services officially went live.
© Finextra Research 2019