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Swiss welcome scrutiny in handling Libra cyrptocurrency: watchdog

Swiss welcome scrutiny in handling Libra cyrptocurrency: watchdog

12.9.2019

Swiss welcome scrutiny in handling Libra cyrptocurrency: watchdog

Switzerland welcomes international scrutiny of the way it oversees the Facebook -...

The Libra Association said on Wednesday it planned to apply to become a Swiss-licensed payments system, casting the spotlight on how the Swiss Financial market Supervisory Authority (FINMA) handles the matter.

It was ready to work with other countries taking a keen interest in Libra, as visits from top-level U.S. officials and warnings from the Group of Seven advanced economies have shown.

Read more: Reuters Top News

This is good gesture from the Swiss!

The group overseeing Facebook's libra cryptocurrency will apply for a payments license in SwitzerlandThe Libra Association, the organization in charge of overseeing Facebook 's proposed cryptocurrency, said Wednesday it will apply for a payments license in Switzerland .

Global money-laundering watchdog closely monitoring Facebook's Libra, official saysThe global anti-money laundering watchdog is closely monitoring developments on ... Nice

Twitter CEO Jack Dorsey Made A Surprise Bitcoin Warning—While Trashing Facebook’s LibraTwitter CEO Jack Dorsey has now warned that bitcoin 'is not functional as a currency,' though still thinks bitcoin is preferable to something like Facebook 's planned libra digital currency Buy gold. Whoooo my first first comment h_mwawuda Lol

Occasional Naps Do a Heart Good, Swiss Study FindsGreat news, nap lovers! An occasional nap -- one or two a week -- might help you live longer by cutting your risk for heart attack, strokes and heart disease in half. Best news anadysf Hay que dormir mucho. :)

Global money-laundering watchdog closely monitoring Facebook's Libra, official saysThe global anti-money laundering watchdog is closely monitoring developments on ... Nice

The group overseeing Facebook's libra cryptocurrency will apply for a payments license in SwitzerlandThe Libra Association, the organization in charge of overseeing Facebook 's proposed cryptocurrency, said Wednesday it will apply for a payments license in Switzerland .

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