Title: FINMA Warns Stablecoins Threaten Swiss Financial Reputation
Post by: Bitcoin on Jul 28, 2024, 02:25 pm
Post by: Bitcoin on Jul 28, 2024, 02:25 pm
FINMA Warns Stablecoins Threaten Swiss Financial Reputation
The Swiss regulator, the Financial Market Supervisory Authority (FINMA), recently published guidance on the issuance of stablecoins. The regulator says stablecoins are not only associated with money laundering risks but pose reputational risks for the entire Swiss financial centre. Stablecoin Issuers as Financial Intermediaries The Swiss regulator, the Financial Market Supervisory Authority (FINMA), has recently […]
Source: FINMA Warns Stablecoins Threaten Swiss Financial Reputation (https://news.bitcoin.com/finma-warns-stablecoins-threaten-swiss-financial-reputation/)
The Swiss regulator, the Financial Market Supervisory Authority (FINMA), recently published guidance on the issuance of stablecoins. The regulator says stablecoins are not only associated with money laundering risks but pose reputational risks for the entire Swiss financial centre. Stablecoin Issuers as Financial Intermediaries The Swiss regulator, the Financial Market Supervisory Authority (FINMA), has recently […]Source: FINMA Warns Stablecoins Threaten Swiss Financial Reputation (https://news.bitcoin.com/finma-warns-stablecoins-threaten-swiss-financial-reputation/)