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Switzerland’s financial regulator extends reporting requirements for crypto transactions

The Swiss Financial Market Supervisory Authority, or FINMA, has announced it will be extending an anti-money laundering ordinance which requires identity checks for reporting certain crypto transactions.In a Nov. 2 notice, the Switzerland financial regulator said it would enforce a threshold of 1,000 Swiss francs — roughly $997 at the

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Switzerland’s Largest Bank UBS Expects US Crypto Legislation to Take Time – Bitcoin News

Switzerland’s largest bank, UBS, expects the United States Congress to take a long time to pass cryptocurrency legislation despite mounting interest in crypto investments and regulators calling for Congress to weigh in on crypto legislation. Congress Could Take a Long Time on Crypto Legislation The largest bank in Switzerland, UBS, published its

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Switzerland’s Largest Online Bank Swissquote to Launch Its Own Crypto Exchange – Exchanges Bitcoin News

Switzerland’s largest online bank, Swissquote, is reportedly launching its own cryptocurrency trading platform. The company sees high demand for cryptocurrency trading. “Our compliance and customer service teams were almost overrun by the crypto rush.” Switzerland’s Largest Online Bank to Launch Its Own Cryptocurrency Trading Platform The largest online bank in Switzerland, Swissquote,

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Switzerland’s SEBA Bank Snags First FINMA License for Liquid Crypto Funds — CoinDesk

Announced Wednesday, the license granted to SEBA by the Swiss Financial Market Supervisory Authority (FINMA) allows the firm to act as a custodian bank, and constitutes a new enabler of liquid investment funds with crypto, said SEBA Bank CEO Guido Buehler. Typically, crypto funds use alternative structures that come with

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One of Switzerland’s leading banks now offers crypto trading

Bordier & Cie, a Swiss financial institution operating for more than 170 years, has announced a partnership with digital asset bank Sygnum to allow its customers to purchase crypto assets. The integration with Sygnum’s business-to-business banking platform allows Bordier’s clients to purchase Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and

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