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

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facebook swiss getting license libra crypto cryptocurrency

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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


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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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