Tag "FINMA"
SEBA Bank, Crypto Finance Licensed as Custodians of the First Swiss Crypto Fund
The Swiss Financial Market Supervisory Authority (FINMA) announced that it has approved the first crypto fund “Crypto Market Index Fund”. The fund is administered by investment management company PvB Pernet von Ballmoos (PvB), with custody by digital assets firm SEBA
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FINMA Issues First-Ever Approval to SIX for Digital Assets Trading
The Swiss Financial Market Supervisory Authority (FINMA) has granted approvals for the SIX Digital Exchange to act as a central securities depository and the associated company SDX Trading to act as a stock exchange for digital assets. With the granting
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FINMA Permits Chip Scanning and Geolocation for Digital Onboarding
The Swiss Financial Market Supervisory Authority (FINMA) now allows the scanning of chips embedded in biometric identity documents as part of the digital onboarding process. The changes come into force on the 1st of June 2021. Additionally, FINMA will allow
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Interview: Michael Brüggler Dives Deep Into Swiss Fintech License Landscape
Fintech News Switzerland (FNN) speaks with Michael Brüggler* to explore how up-and-coming startups can expertly navigate the complex Swiss fintech license regulatory landscape. Michael is the managing expert at Fintech Werkstatt and was the FINMA license application manager for the
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«MOGLI» – die erste Payment-App für Schweizer KMU’s erhält Finma Fintech Bewilligung
MOGLI safe and easy: «MOGLI» bewahrt die Kundengelder im Girokonto bei der Schweizerischen Nationalbank auf. Das Herz von Geschäfts- und Privatkunden gewinnt «MOGLI» durch die einfache und schnelle Handhabung von Zahlungen. Der Fokus liegt bei den Geschäftskunden. Treue Kunden von
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FINMA CEO to Step Down and Move to German’s BaFin; Jan Blöchliger Takes over
Mark Branson is stepping down as Chief Executive Officer of the Swiss Financial Market Supervisory Authority FINMA. He will take on the role of President of the Federal Financial Supervisory Authority BaFin in Germany from mid-2021. Mark Branson has worked
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Crypto Firm Bitcoin Suisse Withdraws its Banking License Application
The Swiss Financial Market Supervisory Authority (FINMA) has informed cryptocurrency trading platform Bitcoin Suisse that its banking license application has an “unfavourable prognosis”, deeming it ineligible for approval. Bitcoin Suisse had previously submitted an application for a banking license in
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SEBA Bank to Tokenise Its Series B Equity
SEBA Bank, a digital assets firm with a Swiss banking license from FINMA, announced that it is issuing its Series B equity to shareholders as security tokens using blockchain. In December, SEBA Bank announced it would tokenise its shares of
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Swiss Crypto Broker Secures FINMA’s Securities House License
Crypto Broker AG which is the Crypto Finance Group‘s brokerage, has been granted a license as a securities house with a bilateral trading facility by the Swiss Financial Market Supervisory Authority (FINMA) Once the license comes into effect, it could
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Federal Council About the Current Status of Stablecoins and Facebook Libra in Switzerland
During its meeting on 16 October 2019, the Swiss Federal Council was informed about the current opportunities and challenges associated with stablecoins. Switzerland will continue to actively monitor discussions on new digital technologies such as blockchain/DLT, etc. The country is
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