FINMA (Swiss Financial Markets Supervision Service) has begun issuing licenses for banking and securities transactions.

FINMA representatives emphasized that such licenses were first introduced to blockchain service providers. Now these companies can work with institutional and professional investors.

In addition, today the regulator has issued new guidelines that state that anti-money laundering laws apply to blockchain payments, because “the anonymous nature of the technology entails increased risks”.

“FINMA-controlled institutions are allowed to send cryptocurrencies or other tokens to third-party wallets belonging to their own customers whose identity is identified. It is allowed to receive cryptocurrencies or tokens only from verified users, ”the agency’s document says.

FINMA documentation is fully consistent with the concept of the ERTC project, and our strategy initially covers all the possibilities that FINMA provides. This means only one thing — we are moving in the right direction.

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