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Day: February 11, 2020

  1. Home
  2. 2020
  3. February
  4. 11
FINMA make a proposal for stricter money laundering regulations for crypto-transactions
  • crypto-valley-journal
  • 2020-02-11
  • Europe
  • World

FINMA make a proposal for stricter money laundering regulations for crypto-transactions

The Swiss regulatory authority FINMA has announced a new proposal that provides stricter guidelines for unidentifiable crypto-currency transactions. The new FIDLEG and FINIG laws, have obliged the Swiss Financial Market Supervisory Authority FINMA to issue certain, mainly technical, implementation provisions. For this reason, FINMA presented a new, streamlined ordinance last week. Among other things, the […]

  • Tags:
  • Crypto
  • Switzerland
Read More
German banks push into the crypto-custody business
  • crypto-valley-journal
  • 2020-02-11
  • Europe
  • World

German banks push into the crypto-custody business

The German financial supervisory authority Bafin has already received more than 40 expressions of interest from banks that would like to obtain a licence for the crypto-custody business in future. Due to the new money laundering law, banks are no longer restricted to simply offering and safekeeping of classical securities such as shares or bonds, […]

  • Tags:
  • Banking
  • Crypto
  • Germany
Read More



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