Switzerland Supports Blockchain startups
Channel: KCN News
Date: 26/02/2018

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Switzerland will support the start-ups that use blockchain. This is stated in the published statement of the Swiss Financial Market Supervisory Authority (FINMA). Speaking for regulation the cryptocurrency ​​activity at the state level, FINMA approves the trade in cryptocurrency and the initial coin/token offering. The document identifies three groups of tokens: one intended for access to services, the other for use as payment means, and other are equivalent to securities. The statement underlines the importance of cryptocurrencies in attracting capital and investors, and special attention should be paid to combating money-laundering.

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Info: http://www.telegraph.co.uk/