Tag "Financial Market Supervisory Authority"

Swiss Regulator Takes Action Against ICO Issuer, 100 Mio CHF to be Returned to Investors

The Swiss Financial Market Supervisory Authority FINMA has launched enforcement proceedings against envion AG. FINMA has evidence that the company may have breached financial market law in relation to an ICO. FINMA launched enforcement proceedings against envion AG in July

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FINMA Closes Down Coin Providers And Issues Warning About Fake Cryptocurrencies

The Financial Market Supervisory Authority FINMA has closed down the unauthorised providers of the fake cryptocurrency “E-Coin”. The developers of E-Coin had accepted some million Swiss francs in public deposits without holding the required banking licence. FINMA has also launched

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