Facebook’s Libra seeking to register as a payment system in Switzerland

Facebook’s Libra seeking to register as a payment system in Switzerland

Reports suggest that Facebook is seeking a payment system license for its crypto project Libra under Swiss financial watchdog FINMA. FINMA confirmed in a guidance note on Wednesday that it had received a request for an assessment of how it would classify the Libra project as currently planned.

Simone
Simone
Edward Williams
Edward Williams 6 months

Uhoh...

Nika D
Nika D 6 months

Ok I’ll be he first to write a measured response. This scares me out lot my wits!

Top in Crypto
Get the App