Switzerland Is Strengthening Id Checks For Crypto Transactions
Altszn
The Swiss Financial Market Supervisory Authority, or FINMA, has announced it will be extending an anti-money laundering ordinance which requires identity checks for
Altszn.com provides the latest news, resources and insights on Bitcoin, Ethereum, Solana, DeFi, Web3, NFTs and other cryptocurrency markets.
Switzerland to Enforce ID Checks for Crypto-to-Cash
FINMA
Switzerland is Strengthening ID Checks for Crypto Transactions
FINMA’s approach to cryptocurrency regulation demonstrates Switzerland’s commitment to fostering innovation while maintaining market integrity. The clear framework for
Switzerland requires stricter identity verification for
Crypto users were worried the
Crypto users were worried the financial regulator could disadvantage crypto and encourage hacks.
Switzerland to Enforce ID Checks for Crypto-to-Cash Transactions
Switzerland Sticks to Tougher ID Checks for Crypto to Cash
Despite pressure from resident crypto
Despite pressure from resident crypto enthusiasts, Switzerland's Financial Market Supervisory Authority (FINMA) didn’t budge. It went ahead with its plans to make ID
Switzerland's financial regulator extends reporting requirements
FINMA’s Regulatory Framework for Cryptocurrencies in Switzerland