Switzerland’s first bitcoin compliance enterprises released, Moving Media received a licence
The company paid the gateway of Payment21 became the first Swiss financial regulators approved and full compliance bitcoin company.
On Tuesday, MovingMedia announced that it was directly under the financial intermediary license (DSFI).
This represents the Swiss financial market supervisory authority (FINMA) under the supervision of, has become in the AML (anti money laundering) and KYC (know your customer) full compliance of enterprises.
MovingMedia said that they in after a year of hard work and investment to get the license. The company’s general manager BernhardKaufmann said: “we have been working to meet legal requirements in the Swiss financial market. We deal with compliance issues to enrich the whole digital currency ecosystem, it also proved that Swiss regulators tolerance for competitive financial services, they really encourage financial innovation in digital era.”
Positive attitude to Kaufmann on behalf of the current Swiss bitcoin market sentiment, not only is the digital currency enthusiasts, even the traditional investors also began to enter this field.
The two banks have already launched in July and the etheric Fang bitcoin transaction exposure, at the same time, re positioning of the regulatory policies and encourage for some people in the region to provide more direct interaction with the digital currency option.
Kaufmann added: “pay for the enterprise, government license is very important. In a competitive environment, access to Switzerland and other European top financial center approved by the government is a key advantage.”