Facebook's Crypto Libra Isn't Getting Away With Measly Swiss Payments License

2019-9-12 18:01

Switzerland’s financial regulator has indicated that Facebook’s cryptocurrency project Libra will be required to meet additional requirements besides getting a payment system license prior to starting operations.

In a press release, the Swiss Financial Market Supervisory Authority (FINMA) stated that the various services planned by Facebook’s cryptocurrency initiative had necessitated extra requirements being imposed: Due […]

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facebook swiss getting license libra crypto cryptocurrency

Èñòî÷íèê: ccn.com

facebook swiss → Ðåçóëüòàòîâ: 37


Facebook Now Seeking Swiss Payment System License for Crypto Project Libra

Facebook’s cryptocurrency project Libra is now seeking a Swiss payment license, said financial watchdog FINMA on Wednesday. Social media giant Facebook (FB) first announced its plan to launch a cryptocurrency in June, as an attempt to move into global payments that has drawn intense scrutiny from global financial authorities. The stablecoin Libra, which is planned […]

2019-9-11 17:55


Switzerland’s FINMA clarifies its stand on stablecoins soon after Facebook’s Libra pursues a payment license

On 2 May 2019, Facebook had registered a new company, Libra Networks, in Geneva, a step that turned out to be the company’s first move into the blockchain space. Recently, The Libra Association, the non-profit organization behind Facebook’s Libra cryptocurrency project, announced that it is pursuing a payment system licence from the Swiss Financial Market […] The post Switzerland’s FINMA clarifies its stand on stablecoins soon after Facebook’s Libra pursues a payment license appeared first on AMBCrypto.

2019-9-11 13:00


Swiss Central Bank In Close Contact With Facebook’s Libra, Affirms Documents Are Very Vague

The Swiss National Bank, known the central bank of the country, has recently contacted the responsible people for Facebook’s Libra project in order to know more about the project. Fritz Zurbruegg, the vice-chairman of the bank, has talked about the contact so far and claimed that the documents that back the project are very vague. […]

2019-8-28 05:06


Ôîòî:

Swiss Data Commissioner Awaiting Information Request Response from Facebook’s Libra Project

The Swiss Federal Data Protection and Information Commissioner (FDPIC) is still awaiting additional requested information from Facebook’s cryptocurrency project Libra reports Reuters, July 23, 2019. This Time, It’s The Swiss Libra is Facebook’s endeavor into the cryptocurrency industry, which it announced just over a month ago, has been subject to mountains of scrutiny and debate,Read MoreRead More.

2019-7-24 13:00


Ôîòî:

In the Daily: Mt. Gox Claims, Crypto Derivatives, Facebook Vacancy, Swiss Regulations

Mt. Gox rehabilitation trustee Nobuaki Kobayashi has reviewed the claims filed by the exchange’s creditors and we’ve included his announcement in The Daily. Also, Caspian launches crypto derivatives trading in partnership with Deribit, Facebook is looking to hire a blockchain lawyer, and Swiss lawmakers have tasked the federal government with adapting existing regulations to cryptocurrencies.

2019-3-22 15:01


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