Tag "FINMA"

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

Read More

Facebook Eyes For Licensing in Switzerland As FINMA Unveils Stablecoin Guidelines

The Swiss Financial Market Supervisory Authority FINMA today published a supplement to its ICO guidelines outlining how it treats so-called ‘stable coins’ under Swiss supervisory law. FINMA has seen a steady increase in the number of ‘stable coin’ projects since

Read More

Swiss Regulator Releases Anti-Money Laundering on the Blockchain Guidance

The Swiss Financial Market Supervisory Authority FINMA has published guidance on how it applies Swiss anti-money laundering rules to financial services providers supervised by FINMA in the area of blockchain technology. FINMA has also issued banking licences to two new

Read More

Sygnum Receives Swiss Banking Licence

Sygnum, a digital asset technology group, has received a banking licence from the Swiss Financial Market Supervisory Authority (FINMA). Sygnum provides a seamlessly integrated and secure digital asset banking solution, including institutional-grade custody with a fiat-digital asset gateway featuring Bitcoin,

Read More

SEBA Secures FINMA Banking and Securities Dealer Licence

SEBA Crypto AG informs that it has successfully obtained a banking and securities dealer licence from the Swiss regulator FINMA. This represents a milestone for the entire digital asset market ecosystem, as a new secure and integrated access point to

Read More

Swiss Fintech Licence and Sandbox: Adjustments to FINMA Circulars

The introduction of the new FinTech licence and a revision of the provisions relating to the sandbox necessitate certain technical changes to supervisory practice. The Swiss Financial Market Supervisory Authority FINMA is publishing the relevant revised circulars. The Swiss parliament

Read More

Why Switzerland is Still Second to Singapore as a Global Fintech Hub

The fintech of 2016 is a universe away from the fintech of 2019. That’s just the song for any field encompassing tech these days. Yet, one thing that does not change year-on-year it seems, is Switzerland’s position as a global

Read More

Swiss Regulators Paving the Way for New (And More Relaxed) Fintech Licensing

The introduction of a new fintech licence and a revision of the sandbox requirements means that certain adjustments to the regulations have to be made by the Swiss Financial Market Supervisory Authority FINMA. When it comes to pass, companies with

Read More

FINMA Gives Green Light to Dukascopy Coin- First Swiss Bank ICO

Dukascopy Bank informs that Swiss FINMA has informed them, that there are no further regulatory obstacles to Dukascopy’s own crypto ICO project. The Dukascoin will be the first-ever ICO of a Swiss Bank. The preliminary version of a White Paper

Read More

FINMA Vergibt Erste Bewilligung an ein Crypto-Unternehmen

Die Crypto Fund AG, ein Tochterunternehmen der Crypto Finance AG, ist das erste und bisher einzige Schweizer Crypto-Unternehmen, das die Bewilligung der Eidgenössischen Finanzmarktaufsicht FINMA als Vermögensverwalter nach Kollektivanlagengesetz KAG erhält. Die Crypto Fund AG hat somit innerhalb kürzester Zeit

Read More