2018-9-6 12:30 |
Smart Valor, a blockchain company in Switzerland has recently been given the approval from the country’s regulators to function in the local financial market. Instead of the Financial Market Supervisory Authority (FINMA) regulating the Swiss blockchain company, they will instead be regulated by the local Financial Services Standards Association (VQF).
FINMA authorises VQF in order to check anti-money laundering compliance.
This new-found approval by regulators will give Smart Valor a better reputation and more credit since it will constantly be examined for AML compliance.
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