UTC-05:00,Tuesday , September 29th 2020

Facebook's Libra Seeks Payment System License From Swiss FINMA

01:17 Wednesday , September 11th 2019
The Facebook-led (FB.O) Libra cryptocurrency project is seeking a payment system license under Swiss financial watchdog FINMA, it said on September 11, spelling out in more detail how it hopes to be regulated.
As reported, the Swiss Financial Market Supervisory Authority FINMA on Sep. 11 publishes a supplement to its ICO guidelines outlining how it treats so-called "stable coins" under Swiss supervisory law.
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