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Swiss regulators reject Bitcoin Suisse s banking license application

Swiss regulators reject Bitcoin Suisse s banking license application
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Bitcoin suisseArthur vayloyanSwitzerland financial market supervisory authorityFinancial market supervisory authorityபிட்காயின் ஸ்யூயிசுவிட்சர்லாந்து நிதி சந்தை மேற்பார்வை அதிகாரம்நிதி சந்தை மேற்பார்வை அதிகாரம்

Many pieces of the Diem puzzle still missing as launch gets delayed

Many pieces of the Diem puzzle still missing as launch gets delayed Besides securing approval from Swiss regulators, Diem seems likely to face opposition from government regulators in many countries. 13796 Total views Analysis Back in June 2019, social media giant Facebook released the details for a much-talked-about digital currency platform dubbed “Libra.” These days, Libra is known as Diem, with the project undergoing a significant rebranding in a bid to smoothen regulatory wrinkles. A year and a half later, the Diem Association has yet to launch a digital token with regulatory approval from Swiss authorities yet to materialize. Even if Switzerland’s Financial Market Supervisory Authority, or FINMA, does grant a payment license to the digital currency project, Diem will be debuting its offerings to a global landscape that is significantly more fractured in terms of digital currency regulations than was the case 18 months ago.

United statesHong kongUnited arab emiratesJackson muellerOlaf scholzChristine lagardeShaktikanta dasFirst digital assets groupEuropean central bankInternational settlementsFirst digital asset groupEuropean unionDiem associationSwitzerland financial market supervisory authorityMonetary authority of hong kongFinancial market supervisory authority

Swiss SEBA Bank Unveils Discretionary Mandates to Support Investors in Digital Asset Strategic Allocation

Swiss SEBA Bank Unveils “Discretionary Mandates” to Support Investors in Digital Asset Strategic Allocation SEBA Bank, a Switzerland-headquartered digital asset bank that holds regulatory licensing, announced on Friday it has added discretionary mandates to its investment solutions suite. According to SEBA, Mandates on digital assets are a “natural extension” of the bank’s asset management capabilities and a testament to the bank’s mission to serve as a secure and convenient bridge into the digital asset world. While sharing more details about the mandates, Stefan Schwitter, Head Investment Solutions SEBA Bank, stated: “Many investors are looking to build strategic exposure to digital assets as the unique performance drivers and significant diversification benefits are compelling. We are very pleased to leverage our asset management and regulated research expertise by offering our client customized discretionary mandate portfolios. ”

Yves longchampStefan schwitterHead researchSwitzerland financial market supervisory authorityHead investment solutionsFinancial market supervisory authorityஐவ் லாங்க்சாம்ப்தலை ஆராய்ச்சிசுவிட்சர்லாந்து நிதி சந்தை மேற்பார்வை அதிகாரம்தலை முதலீடு தீர்வுகள்நிதி சந்தை மேற்பார்வை அதிகாரம்

Swiss Regulated Digital Asset Focused SEBA Bank Completes Series B Investment Round

Swiss Regulated Digital Asset Focused SEBA Bank Completes Series B Investment Round SEBA Bank, a Switzerland-headquartered digital asset bank that holds regulatory licensing, announced on Tuesday approved at its Extraordinary General Meeting the completion of its Series B capital increase. Founded in 2018, SEBA claims it is a licensed and supervised Swiss bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets. Secure, trade, and manage cryptocurrencies, digital assets, and conventional securities all in one place. The bank began offering financial services on November 12, 2019, after . SEBA Bank has been licensed to provide banking services and may offer financial securities.

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