Swiss Crypto Banks Receive Licenses From Financial Regulator

Two crypto-focused banks in Switzerland have received a banking and securities dealer license from the Financial Market Supervisory Authority. The Swiss Financial Market Supervisory Authority (FINMA) has reportedly granted two banking and securities dealer licences to crypto-focused banks. Two Swiss crypto-specializing firms, Seba Crypto AG and Sygnum have received banking and securities dealer licenses, the […]

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Swiss Regulator Releases AML, KYC Guidance for Blockchain Payments

Switzerland’s Financial Market Supervisory Authority has released guidance on regulatory requirements for payments on the blockchain under FINMA supervision. Switzerland’s Financial Market Supervisory Authority (FINMA) has released guidance on regulatory requirements for payments on the blockchain under FINMA supervision. The new guidance for virtual asset service providers, published on Aug. 26, applies to blockchain service […]

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