Facebook Libra Brings ‘Risks and Opportunities’: Swiss Watchdog Chief
FINMA's director has spoken out about the risks of working with a major project like Facebook's Libra, and said there are also potential benefits.
Switzerland’s central bank and the SIX stock exchange will study using a central bank digital currency to settle trades of tokenized assets.
"We are not here to make such projects impossible," Mark Branson, CEO of the Swiss Financial Market Supervisory Authority, said of Libra.
The Crypto Valley Association and Zurich Tourism are working to bring blockchain awareness, tourism and business to Zurich.
Swiss stock exchange SIX's SDX blockchain platform has organized a consortium of institutions to back its "initial digital offering" set for mid-2020.
The Swiss branch of one of the top financial institutions in the Middle East is launching a suite of cryptocurrency-based services.