finma News and Articles

The Swiss Financial Market Supervision Authority has announced new amendments aimed at combating money laundering. Now, when carrying out cryptocurrency transactions on the exchange for an amount of more than a thousand francs (about $1,024), it will be necessary to pass identification, according...

Advanced people in the crypto environment surely have heard and know what security token is. But for newbies, it is often very tricky to get acquainted with so many terms and new concepts. We are here to make everything clear for the ones, who are making their first steps into the crypto universe....

One of the financial regulators of Switzerland informed the country is “particularly presented” to money laundering dangers given its traditional position as a magnet for the world’s prosperous as well as rising threats from blockchain and banks’ lower gain margins. Finma Chief Executive...

Switzerland officials stated that for launching its cryptocurrency Facebook is going to be demanded official permission with a granting license contingent on the perils of reserve management being carried wholly by the association and not by coin holders. Finma, the Swiss economic governor,...