Finma news and trends

Today in TechREG: UK Government Could Use National Security Law to Keep Arm Listing in...
Regulation // June 22, 2022

Today in TechREG, the Bank of England deputy governor compared the crypto crash with the dot-com bubble, saying that some of the crypto companies that survive now may become the future Amazon or eBay. Meanwhile, Google reached an agreement with the French competition authority to...

EU To Crack Down On Stablecoin Projects
Cryptocurrency // June 28, 2020

The European Union (EU) is preparing to update its cryptocurrency rules that could make it more difficult for stablecoin projects, such as Facebook Inc.’s proposed Libra, CoinDesk reported. Valdis Dombrovskis, the EU’s executive vice president of the European Commission for an Economy that Works for...

Swiss Bank Chided For Alleged FIFA, Venezuela Fraud
Security & Fraud // February 20, 2020

Swiss bank Julius Baer is being scolded by Switzerland’s financial watchdog for failing to notice money-laundering threats connected to deception in Venezuela and FIFA, the world soccer body, Reuters reported Thursday (Feb. 20). The Swiss Financial Market Supervisory Authority (FINMA) released a negative report stating...

FINMA Head: Libra Safer Than Unregulated Crypto
Cryptocurrency // October 01, 2019

Cryptocurrency pursuits conducted without supervision are more concerning to Switzerland than Facebook’s Libra coin, Reuters reported on Tuesday (Oct. 1). “I am much more nervous about projects which develop in a dark corner in the financial system somewhere, spread themselves out through cyberspace and one...

Quick Reads
Swiss Regulators Want More Protections for Crypto Investors

June 22, 2022
Switzerland’s top market regulator on Wednesday (June 22) pushed for regulators to do more to protect cryptocurrency investors from abuse in the $890 billion market that’s been plummeting for a week or so, according to a Reuters report. The call to action is the latest move by regulators and policymakers to protect crypto investors. U.S. […]

EU To Crack Down On Stablecoin Projects

June 28, 2020
The European Union (EU) is preparing to update its cryptocurrency rules that could make it more difficult for stablecoin projects, such as Facebook Inc.’s proposed Libra, CoinDesk reported. Valdis Dombrovskis,...

Swiss Bank Chided For Alleged FIFA, Venezuela Fraud

February 20, 2020
Swiss bank Julius Baer is being scolded by Switzerland’s financial watchdog for failing to notice money-laundering threats connected to deception in Venezuela and FIFA, the world soccer body, Reuters reported...

FINMA Head: Libra Safer Than Unregulated Crypto

October 01, 2019
Cryptocurrency pursuits conducted without supervision are more concerning to Switzerland than Facebook’s Libra coin, Reuters reported on Tuesday (Oct. 1). “I am much more nervous about projects which develop in...