Swiss Blockchain Startup Will Be Supervised By FINMA-Backed Regulatory Body

  • Alex Dovbnya
    📰 News

    Smart Valor, a Swiss-based Blockchain startup that was founded in 2017, becomes one of the first completely regulated crypto-oriented companies in Switzerland


Swiss Blockchain Startup Will Be Supervised By FINMA-Backed Regulatory Body

Smart Valor, a Swiss-based Blockchain startup that was founded in 2017, becomes one of the first completely regulated crypto-oriented companies in Switzerland. The company, spearheaded by Olga Feldmeier, is now expected to introduce its online trading platform for cryptocurrencies in Q4 of 2018.

Switzerland has managed to expand beyond its “Crypto Valley” status, becoming a “Crypto Nation,” which is far more accurate description of a country with hundreds of active crypto projects. However, traditional banking institutions would not provide them financial services due to the regulatory uncertainty.

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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