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Switzerland’s FINMA Announces Additional Scrutiny of Facebook’s Libra
12.9.2019
Facebook shines as one of the most loved social networking sites in the modern era. With the growing craze for cryptocurrencies, Mark Zukerberg led social media giant, planned to explore the new domain by launching its stablecoin, Libra. Despite hailing from a reputed and popular brand name...
Switzerland Open to International Cooperation on Libra, Says Watchdog
12.9.2019
FINMA director Mark Branson has rebuffed the notion that Facebook’s choice of Switzerland for the Libra Association HQ was a matter of regulatory arbitrage
Facebook Libra Is Seeking to Register as a Payment System in Switzerland
11.9.2019
The company set up to run Facebook's Libra cryptocurrency project is seeking to apply for licensing as a payment system in Switzerland
3 Key Takeaways From Switzerland’s New Stablecoin Guidelines
11.9.2019
Switzerland’s financial watchdog issues new stablecoin guidelines, outlines its requirements for the Libra Association’s proposed stablecoin payments network
Libra Association Seeks Swiss Payments License for Facebook’s Crypto
11.9.2019
The organization tasked with governing Facebook’s planned stablecoin network has revealed it is applying for a payment system license with Switzerland’s financial watchdog
Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official
10.9.2019
Facebook's Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said
Telegram’s TON Crypto Token to Be Listed on Crypto Exchange Blackmoon
10.9.2019
Blackmoon exchange to list the Gram token via a partnership with a crypto custodian that claims its clients were among the largest investors in Telegram’s ICO
Crypto Banking Expands With Positive Interest Rates and New Services
9.9.2019
Banking, in the traditional sense of the term, has become a financial burden for account holders in regions where the era of subzero interest rates has already set in. European nations like Sweden, Denmark, Switzerland, and Eurozone countries have been in negative territory for some time, and banks...
The Fed Chair Jerome Powell Commented That the Consumers Are Not ‘Clamoring For Central Bank Backed Cryptocurrencies’
8.9.2019
Addressing a forum sponsored by the Swiss Institute of International Studies, in Zurich, Switzerland, on Sept. 6, the Federal Reserve Chair Jerome Powell answered questions about the issue of cryptocurrencies. He stated that the central bank is not “actively considering” minting...
Crypto News From the German-Speaking World: Sept. 2–8 in Review
7.9.2019
This week’s selected cryptocurrency and blockchain news from the German-speaking world, courtesy of Cointelegraph auf Deutsch
Swiss National Bank President Says Stablecoins Could Hamper Policy
7.9.2019
Swiss National Bank President Thomas Jordan says foreign-pegged stablecoins could hamper Switzerland’s monetary policy in some circumstances
Crypto Banking Regulation Around the World, First Signs of Growth
4.9.2019
As crypto banking becomes ever more popular, regulations surrounding these emergent institutions remain unclear. So, how exactly are the crypto banks of the world regulated?
Crypto News From the German-Speaking World: Aug. 24–31 in Review
1.9.2019
A roundup of major crypto news of the week from Germany, Switzerland and Austria
Switzerland’s Largest Retailer ‘Migros’ Announced Its Blockchain Platform
30.8.2019
Cryptocurrencies have left a strong mark in the financial market as they continue to flourish in the plethora of domains which one can think of. Its scope and usage is not just limited to buying and selling in the crypto exchanges but has also become a prominent source of trading for anyone...
John McAfee Shifts to New Safe Location
29.8.2019
The hostilities between John McAfee and agencies of the United States of America are not a new thing to report. The founder of the McAfee antivirus figures prominently in the fugitive list of Central Intelligence Agency (CIA) and Internal Revenue Service (IRS) of the US. Change of Location:...
Crypto Salaries Gain Regulatory Recognition Around the World
29.8.2019
Salaries paid in decentralized digital coins have become a norm across the crypto industry, but there’s really no reason why cryptocurrencies can’t be used for remuneration by businesses in other sectors as well. In many jurisdictions that should be legal even in the absence...
Switzerland’s First Licensed Crypto Bank is Eyeing Singapore Next
28.8.2019
After sealing a license in Switzerland, crypto firm Sygnum is pursuing the same in Singapore
Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached
27.8.2019
One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks...
Swiss Central Bank SNB Is in Close Contact With Facebook’s Libra
27.8.2019
Switzerland’s central bank SNB is in close contact with the relevant authorities over Facebook’s Libra crypto project, Reuters reports
Swiss Crypto Banks Receive Licenses From Financial Regulator
26.8.2019
Two Swiss banks have received a banking and securities dealer licence from the Financial Market Supervisory Authority