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Facebook’s Crypto Libra Isn’t Getting Away With Measly Swiss Payments License – CCN.com

Facebook’s Crypto Libra Isn’t Getting Away With Measly Swiss Payments License – CCN.com

Switzerland’s financial regulator will subject the ‘Libra’ project to further scrutiny. | Source: Shutterstock Switzerland’s financial regulator has indicated that Facebook’s cryptocurrency project Libra will be required to meet additional requirements besides getting a payment system license prior to starting operations. In a press release, the Swiss Financial Market Supervisory Authority (FINMA) stated that the…