CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week
The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, Bank for International Settlements, the Commodity Futures Trading Commission and the International Monetary Fund to discuss stablecoin regulation, central bank digital currencies, the future of money and more.
Related News
Switzerland is Considering Bitcoin. Switzerland: The Swiss Financial Market Supervisory Authority, FINMA, has revised the Collective Investment Schemes Ordnance. This time it includes information and guidelines on Bitcoin. Coming from one of the most conservative and secretive financial systems in the world, this is an indication of Bitcoin's progress. FINMA's role is: "To protect creditors, investors and policy holders and ensure the smooth functioning of the financial markets. Through consistent supervision and predictable regulation, we make an important contribution to safeguarding the....
Switzerland’s Financial Market Supervisory Authority (FINMA) has approved the first Swiss crypto fund. It is managed by asset manager Crypto Finance and custodied by Seba Bank. “For the first time, FINMA has approved a Swiss fund that invests primarily in cryptoassets,” said the regulator. First Crypto Fund Approved Under Swiss Laws The Swiss Financial Market Supervisory Authority (FINMA) announced Wednesday that it “has approved the first crypto fund according to Swiss law.” The regulator elaborated: For the first time, FINMA has approved a Swiss fund....
Xapo, a prominent Bitcoin wallet platform and solutions provider successfully obtained a conditional approval from the Swiss Financial Market Supervisory Authority, hereinafter FINMA, this week. The approval of FINMA to financial service providers in Switzerland is equivalent to that of BitLicense to the New York-based Bitcoin exchange. Companies willing to engage in the Swiss financial market are required to be authorized by FINMA in order to provide financial service in the country. While there are many types of authorizations granted by FINMA, the most common set of approval is the....
Bitcoin Suisse AG, a Switzerland-based digital finance broker and bitcoin ATM operator, has abruptly cancelled the planned launch of its newest, Zurich-based unit at the request of the Swiss Financial Market Supervisory Authority (FINMA). In a reddit post addressing the action, Bitcoin Suisse AG stated that in light of the government's request, it has also suspended all other planned bitcoin ATM launches and halted services for its existing ATMs. A representative from Bitcoin Suisse AG stated: "The Swiss Financial Market Supervisory Authority (FINMA) has requested Bitcoin Suisse AG to....
Switzerland is often thought of as a Bitcoin-friendly country. The Canton of Zug, for example, is sometimes called the crypto capital of the world and many Bitcoin service startups are located there, including Xapo, Shapeshift, Ethereum, Monetas, and Bitcoin Suisse. Companies wanting to do business in Switzerland need an approval by the Swiss Financial....