Switzerland’s FINMA clarifies its stand on stablecoins soon after Facebook’s Libra pursues a payment license

  11 Sep 2019

On 2 May 2019, Facebook had registered a new company, Libra Networks, in Geneva, a step that turned out to be the company’s first move into the blockchain space. Recently, The Libra Association, the non-profit organization behind Facebook’s Libra cryptocurrency project, announced that it is pursuing a payment system licence from the Swiss Financial Market […]

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