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FINMA establishes new rules for Libra in Switzerland

Libra asked for clarity and FINMA delivered. New guidelines are out for stablecoins as Facebook’s Libra currency tries to gain momentum in Switzerland.

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FINMA News
FINMA is Switzerland’s independent financial-markets regulator. Its mandate is to supervise banks, insurance companies, exchanges, securities dealers, collective investment schemes, and their asset managers and fund management companies.
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