Switzerland’s financial regulator is preparing to substantially lower the cap on transactions before identification is required.
Facebook’s troubled Libra stablecoin is no closer to launching, after running into fresh opposition from regulators worldwide.
Crypto bank SEBA has expanded into nine new jurisdictions including Italy, Hong Kong, France and Singapore just a month after it launched full operations.
The Federal Council, Switzerland’s executive arm of government, adopted proposals designed to improve the legal framework around blockchain technology.
The Bitcoin Association founding president is going back to his law roots as he takes part in the upcoming International Association of Defense Counsel’s International Corporate Counsel College event.
Switzerland’s principal stock exchange SIX has pushed the launch of its fully regulated cryptocurrency exchange to 2020.
The Libra Association has submitted a request to Switzerland’s Financial Market Supervisory Authority for clarification on how the regulator would classify Facebook Libra.
While the use of cryptocurrencies has continued to surge in recent years, the president of the Swiss National Bank doesn’t think they’ll ever be used widely as money in Switzerland.
FINMA wants to ensure Switzerland has a clean blockchain industry and has issued new guidance on how blockchain-based companies must adhere to AML and KYC policies.