Tiny Bitcoin ATM Firm Plans to Fight Giant Swiss Regulator in David vs Goliath Battle
“FINMA was able to do this because they were never put in check," said Bity Chairman Alexis Roussel.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/LYUTUQE63JAZZOKM4H75TUUM4E.jpg)
Sponsored
Jul 31, 2023 at 4:48 p.m. UTC
Jul 31, 2023
FINMA
:format(webp)/cdn.jwplayer.com/v2/media/6N2go74A/poster.jpg)
Swiss Regulator: Switzerland Faced a Bank Run if Credit Suisse Was Allowed to Go Bankrupt
Swiss regulator FINMA said Wednesday that allowing embattled lender Credit Suisse to file for bankruptcy could have resulted in deposit runs at other banks in Switzerland FINMA and the Swiss National Bank brokered UBS takeover of Credit Suisse for 3 billion Swiss francs 3 3 billion in a deal announced on March 19 The Hash [...]
Sponsored
Apr 5, 2023 at 5:05 p.m. UTC
Apr 5, 2023
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/W5URNAPEG5G4XGB3QXUEI64GYA.jpg)
Copper's Swiss Unit Approved to Join Self-Regulatory Body VQF
Membership gives a stamp of approval to its compliance with Switzerland's anti-money laundering laws and allows the unit to operate.
Sponsored
May 30, 2022 at 3:37 p.m. UTC
May 30, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/EDMLKLU43FDEFPLKLK3MVO4L3Q.jpg)
Investment Firm L1 Digital Receives FINMA Approval for Collective Crypto Investments
The Zurich-based firm manages around $500 million in assets from institutional clients such as pension funds, family offices and wealth managers.
Sponsored
Jan 28, 2022 at 11:20 a.m. UTC
Jan 28, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/SCUUMJEUMJA6VBH6W2QFAOWX5E.jpeg)
Switzerland’s SEBA Bank Snags First FINMA License for Liquid Crypto Funds
Easy in, easy out. SEBA Bank CEO Guido Buehler thinks the license will attract more investment.
Sponsored
Sep 29, 2021 at 4:00 a.m. UTC
Sep 29, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/DZSS3ZEDARGLDPCS2XQN7ODBLA.jpg)
Bitcoin Suisse Pulls Banking License Application After Negative Feedback
FINMA cited money-laundering defense "weaknesses" as one reason for the license denial.
Sponsored
Mar 17, 2021 at 11:34 a.m. UTC
Mar 17, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/AE5NOMAMABAADJF4ZC6XWA2Q3E.jpg)
Switzerland’s Crypto Broker AG Wins Securities House License From FINMA
Banks can tick a box and start trading with us, said CEO Rupertus Rothenhaeuser.
Sponsored
Feb 1, 2021 at 5:00 a.m. UTC
Feb 1, 2021
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/NQ5UYMFQ2RALJO4V6OLSU7VLOI.jpg)
Libra Is Ready for the Digital Money 'Space Race': Dante Disparte
Libra's most vexing challenge may be juggling inclusion and compliance. But policy chief Dante Disparte says the project is not giving up on reaching the unbanked.
Sponsored
Jun 10, 2020 at 10:00 a.m. UTC
Jun 10, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/RESNCKMR5FB4DH4KF6ECXTQ2TE.jpg)
Swiss Crypto Firm Closes $14.5M Series B to Help Secure Brokerage License
Crypto Finance AG's $14.5 million funding round will go toward international expansion and courting institutional investors.
Sponsored
Apr 16, 2020 at 4:00 a.m. UTC
Apr 16, 2020
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/LPAXE4K7N5GL3DTS2WWXWC35YY.jpg)
SEC, CFTC Charge XBT Corp. With Selling Unregistered Swaps for Bitcoin
The SEC and CFTC have settled charges with XBT Corp. after alleging the company sold unregistered security-based swaps for bitcoin.
Sponsored
Oct 31, 2019 at 6:49 p.m. UTC
Oct 31, 2019