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 […]

The post Facebook's Crypto Libra Isn't Getting Away With Measly Swiss Payments License appeared first on CCN. com

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Libra Credit (LBA) на Currencies.ru

$ 0.0002231 (+0.00%)

Объем 24H $496

Изменеия 24h: 3.37 %, 7d: -12.42 %

Cегодня L: $0.0002231 - H: $0.0002231

Капитализация $0 Rank 6089

Цена в час новости $ 0.0196359 (-98.86%)

facebook swiss getting license libra crypto cryptocurrency

155 +

Источник: ccn.com

facebook swiss → Результатов: 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	Facebook
libra facebook cryptocurrency financial global project seeking

174 +

Facebook: Libra Association responds to FINMA’s guidelines by filing for a license as a payment system

Earlier today, the Swiss Financial Market Supervisory Authority [FINMA] released guidelines on regulating stable coins. The guideline detailed how the regulatory authority will classify and regulate stablecoins based on its nature.

2019-9-11 17:53
finma guidelines libra association authority facebook system

173 +

Facebook’s Libra Set to Register as Payment System in Switzerland

Coinspeaker Facebook’s Libra Set to Register as Payment System in SwitzerlandFacebook’s Libra cryptocurrency project is seeking a Swiss payment system license, financial watchdog FINMA said, noting the breadth of the planned services would require broad oversight.

2019-9-11 13:20
payment system libra facebook set register switzerland

167 +

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	Switzerland
libra facebook payment stand finma company license

170 +

Facebook Seeks Payments License For Libra as Code Vulnerabilities Surface

Despite escalating regulatory concerns from the governments of the world, Facebook appears to be pressing on with its global bank ambitions. This week the social media giant made moves to seek a payments license for Libra from Switzerland while the US Treasury warned that it would face tough standards.

2019-9-11 11:31
license libra payments facebook seeks code vulnerabilities

323 +

Libra Association Seeks Swiss Payments License for Facebook’s Crypto

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

2019-9-11 09:47	Cryptocurrencies
license facebook watchdog revealed applying switzerland financial

176 +

Libra-Like Tokens Pose Risks to Swiss National Bank’s Monetary Policy

The Swiss National Bank (SNB) is afraid that digital currencies like Facebook’s Libra might impede the central bank’s capability to initiate and implement monetary policy. This is the conclusion of Thomas Jordan, chairman of SNB’s governing board.

2019-9-6 15:00
bank monetary policy snb libra national swiss

226 +

Agorism and Bitcoin: Free People Don’t Ask Maxine Waters for Permission

Anti-agorism Congressional Representative Maxine Waters still has misgivings about Facebook’s proposed Libra digital currency, even after meeting with Swiss government officials to discuss the tech last week.

2019-8-30 11:45
waters maxine bitcoin libra agorism facebook don

227 +

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	Facebook
bank project very swiss documents vague central

173 +

Swiss Central Bank SNB Is in Close Contact With Facebook’s Libra

Switzerland’s central bank SNB is in close contact with the relevant authorities over Facebook’s Libra crypto project, Reuters reports

2019-8-28 21:01	USA
close contact libra facebook bank central snb

176 +

Switzerland Meeting Does Little To Quell Libra Doubts

Last week, six members from the US House of Representatives’ Financial Services Committee met with Swiss regulators, including the Federal Data Protection and Information Commissioner and the Financial Market Supervisory Authority, to discuss Facebook's Libra project.

2019-8-27 19:31	law and legislation
libra financial little facebook project according representative

227 +

After Switzerland Visit, Crypto Concerns Remain for US Regulators

Following meetings about Libra with Swiss regulators, U.S. lawmakers still harbor concerns over Facebook’s proposed stablecoin

2019-8-26 01:19	Congress
concerns regulators lawmakers swiss still stablecoin proposed

187 +

Swiss Data Protection Agency Expects Libra Info By End Of August

Switzerland's Federal Data Protection and Information Commissioner (FDPIC) has been tapped by Facebook to oversee Libra and the Libra Association. While Facebook hasn't been the easiest to get in contact with for the FDPIC, the agency expects to have more information on the Libra project by the end of the month.

2019-8-22 23:47	cryptocurrencies and tokens
libra information fdpic facebook agency protection expects

187 +

Swiss Regulator Demands More Clarity on Facebook’s Libra

The Swiss watchdog will discuss Facebook’s Libra with a US congressional delegation this week

2019-8-20 22:04
facebook libra swiss congressional week delegation discuss

114 +

Facebook’s Libra to Dominate Discussions during U.S. Lawmakers’ Visit to Switzerland

Coinspeaker Facebook’s Libra to Dominate Discussions during U. S. Lawmakers’ Visit to SwitzerlandThe U. S. House Financial Services Committee delegation plans to visit Switzerland to exchange views about Facebook’s Libra with the Swiss FDPIC Adrian Lobsiger.

2019-8-20 17:38
facebook libra visit lawmakers switzerland dominate discussions

140 +

US Lawmakers to Discuss Facebook Libra on Swiss Visit: Report

Congresswoman Maxine Waters and other U.S. lawmakers will discuss Facebook's crypto project with the Swiss data privacy chief this week.

2019-8-20 15:40	УС
swiss discuss facebook lawmakers project data crypto

174 +

Swiss Data Protection Watchdog Awaits Official Details On Facebook’s Libra Project

The Swiss Federal Data Protection and Information Commissioner (FDPIC) said it is still waiting to hear from Facebook regarding its supposed oversight of Libra, the social media giant's proposed cryptocurrency.

2019-7-25 23:09	Facebook
said fdpic still hear swiss waiting project

153 +

Facebook's Communication Breakdown With Swiss Data Privacy Regulator

After announcing that the Swiss Federal Data Protection and Information Commissioner (FDPIC) would assist in overseeing the Libra Association, the FDPIC stated Facebook hadn't contacted the agency regarding any details related to the association or the Libra project.

2019-7-24 19:04	World
fdpic libra facebook regulator association data swiss

221 +

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	Switzerland
cryptocurrency swiss libra facebook information commissioner data

145 +

Facebook Libra Hasn’t Responded to Information Request: Swiss Watchdog

Facebook hasn't responded to a request by Switzerland’s data privacy regulator for more details on Libra, despite the project being based in Geneva.

2019-7-24 11:15	Libra
request facebook responded libra hasn despite project

116 +

Crypto-friendly Switzerland Outclasses U.S. as Facebook Libra’s Regulator

Switzerland crypto laws have appealed to blockchain enthusiasts for years. Facebook’s head of blockchain, David Marcus, is no exception. He released a statement announcing that he expects the new coin to be governed by Swiss law.

2019-7-22 10:26	Switzerland
libra facebook switzerland blockchain crypto-friendly swiss markets

174 +

Crypto-friendly Switzerland Outclasses U.S. as Facebook Libra's Regulator

2019-7-22 10:26	Switzerland
libra facebook switzerland blockchain crypto-friendly swiss markets

174 +

WATCH: ‘Mother of Blockchains’ Defends Facebook’s Choice of Controversial Swiss Foundation

Joshua Ashley Klayman Kuzar sees Libra as a turning point in the march to mass adoption. "Facebook didn't come to congress," she said. "Congress came to Facebook."

2019-7-20 02:00
facebook congress march point mass come said

146 +

Facebook Yet To Contact Swiss Data Protection Group

During the Libra Senate hearing on Tuesday, Libra project lead David Marcus explained that the Swiss Federal Data Protection and Information Commissioner (FDPIC) would oversee data and privacy protections for the Libra Association.

2019-7-17 18:48	World
libra data facebook fdpic contact yet swiss

181 +

Libra’s Swiss detour: FDPIC claims to have not been contacted by ‘promoters of Libra’

Despite David Marcus’s repeated assurances regarding Facebook’s keenness to cooperate with regulators of every country, the project failed to escape the latest grilling by the Senate Banking Committee.

2019-7-17 14:00	News
libra contacted promoters facebook fdpic swiss detour

268 +

Facebook Says it Will Use Swiss Agency to Oversee its Cryptocurrency’s Privacy, But is Yet to Even Contact Them

Facebook has been grilled today at a Senate Banking Committee hearing over its cryptocurrency project Libra. As part of the hearing, a representative for the social media giant claims the firm has been in contact with a Swiss agency to oversea data protection and user privacy.

2019-7-17 02:00	Libra
cryptocurrency privacy agency facebook contact swiss firm

172 +

What Congress May Want To Know About Facebook's Libra

With Facebook set to meet with the Senate on Tuesday and the House on Wednesday, Washington insiders report that lawmakers will be interested in Libra's classification as a possible exchange-traded fund, what Facebook will do to ensure user privacy, and what the Swiss headquarters of the Libra Association will mean for US oversight of the project.

2019-7-16 18:45	law and legislation
facebook libra ensure fund possible user exchange-traded

168 +

The Swiss Are Onto Something: Facebook, Libra and the Case for Decentralization

A recent letter from the U. S. House of Representatives to social media giant Facebook has crypto users speculating feverishly. The implications of the letter, and Calibra CEO David Marcus’ recent response, will inform the future of money not only in America, but worldwide.

2019-7-4 14:20
facebook recent only house decentralization letter onto

213 +

Swiss National Bank Member A-OK With Facebook And Libra

Speaking at the Crypto Valley Conference in Zug, Switzerland, Thomas Moser, an alternate member of the governing board at the Swiss National Bank, said Facebook's Libra project has yet to sound any alarms for the Swiss National Bank and that the country's regulators are "pretty relaxed" about it.

2019-6-25 19:13	World
swiss bank national libra member facebook any

255 +

Swiss Central Banker ‘Relaxed’ About Facebook’s Libra Crypto

A Swiss central banker has suggested that Facebook's cryptocurrency project, Libra, is not ruffling any feathers with the regulator, Reuters reports.

2019-6-25 15:00
swiss facebook libra central banker feathers ruffling

138 +

Facebook ‘Too Powerful’ to Run Libra Without Rules, Says Democratic Senator

By CCN Markets: Facebook has too much power to engage with a cryptocurrency, a United States senator has warned, days after the social media giant launched Libra. Sherrod Brown, a Democratic senator from Ohio, told Bloomberg TV that the public has increasing concerns around the social network.

2019-6-22 16:38	Mark Zuckerberg
too powerful senator facebook democratic big libra

233 +

Facebook Breaks Into Blockchain With Swiss-Registered “Libra Networks”

Social media giant Facebook breaks into blockchain with newly registered Swiss company Libra Networks, according to a report from… The post Facebook Breaks Into Blockchain With Swiss-Registered “Libra Networks” appeared first on Invest In Blockchain.

2019-5-21 22:47
blockchain facebook libra networks breaks swiss-registered invest

140 +

Facebook Launches Swiss-Based Startup to Develop Its Crypto

The social media heavyweight has recently set up a company in Switzerland to focus on its stablecoin and blockchain-based payment system Citing a Swiss news website, Handelszeitung, Reuters reports that Mark Zuckerberg’s social media has.

2019-5-19 11:44	Switzerland
media social facebook crypto swiss-based startup develop

147 +

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
derivatives facebook swiss crypto regulations claims gox

208 +

More Than a Ledger: How Blockchains Will Democratize Wealth

To Mark Pascall, co-founder of BlockchainLabs New Zealand (NZ) and president of the Blockchain Association NZ, the blockchain space is more than just a new technology layer, it’s a “fundamentally different way for organizations and societies to operate.

2018-7-31 21:27	Adoption & community
blockchain pascall people money society many these

392 +

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Token launch in 2024 in Europe: A compliance checklist | Opinion

Launching a token: From understanding how tokens are classified to ensuring proper KYC/AML compliance.

FCA-Regulated Crypto Trading Firm Portofino Technologies Sees Staff Exodus

The firing of the firm’s co-founder and its CFO in July triggered a wave of departures.

Matrixport acquires Crypto Finance AG unit in all-cash deal

Singapore-based crypto financial services platform Matrixport has bought the asset management unit of Crypto Finance AG. On Sept. 30, Matrixport announced in a press release that they have completed an all-cash acquisition of the Switzerland-based Crypto Finance Asset Management, the…

Fidelity spearheads $186 million surge in Bitcoin ETF inflows, Ethereum ETFs face $15 million outflow

Bitcoin ETFs recorded net inflows of $186. 8 million on Sept. 17, up from $12. 8 million the previous day. Fidelity led with $56. 6 million, followed by Bitwise and Ark at $45. 4 million and $42.

Swiss SIX stock exchange explores setting up crypto arm in Europe

The Swiss stock exchange is considering launching a crypto trading platform in Europe, aiming to attract traditional investors by leveraging Switzerland’s crypto-friendly laws. The Swiss stock exchange operator, SIX Group, is considering establishing a new platform in Europe for crypto…

BitGo approved as crypto custodian for Swiss SIX exchange

BitGo has secured approval as a custodian under the SIX Exchange Regulation Crypto-Asset Rule, further expanding its presence in the European crypto market. The company can now provide regulated custodial services in compliance with Swiss financial regulations, per a company…

Zurich Cantonal Bank (ZKB) rolls out Bitcoin and Ethereum trading services

Zurich Cantonal Bank (ZKB), Switzerland’s fourth-largest bank, has entered the cryptocurrency market, offering trading and custody services for Bitcoin and Ethereum. ZKB’s new service, part of its digital platform, is designed to cater to both retail and institutional clients.

2019-9-12 18:01

facebook swiss → Результатов: 37

2019-9-11 17:55

2019-9-11 17:53

2019-9-11 13:20

2019-9-11 13:00

2019-9-11 11:31

2019-9-11 09:47

2019-9-6 15:00

2019-8-30 11:45

2019-8-28 05:06

2019-8-28 21:01

2019-8-27 19:31

2019-8-26 01:19

2019-8-22 23:47

2019-8-20 22:04

2019-8-20 17:38

2019-8-20 15:40

2019-7-25 23:09

2019-7-24 19:04

2019-7-24 13:00

2019-7-24 11:15

2019-7-22 10:26

2019-7-22 10:26

2019-7-20 02:00

2019-7-17 18:48

2019-7-17 14:00

2019-7-17 02:00

2019-7-16 18:45

2019-7-4 14:20

2019-6-25 19:13

2019-6-25 15:00

2019-6-22 16:38

2019-5-21 22:47

2019-5-19 11:44

2019-3-22 15:01

2018-7-31 21:27

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Add news: propose for publication, Submit ICO