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FINMA Warns Stablecoins Threaten Swiss Financial Reputation

FINMA Warns Stablecoins Threaten Swiss Financial Reputation

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Source: Bitcoin.com

FINMA Warns Stablecoins Threaten Swiss Financial ReputationThe 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 […]

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Author: Terence Zimwara