The Swiss financial market supervisory authority is considering bitcoin
The Swiss financial market supervisory authority (FINMA) recently revised collective investment schemes ordinance. This includes some information about bitcoin. One of the world’s financial system is the most conservative and mysterious country trying to understand bitcoin bitcoin, this is not a progress?
The Swiss financial market supervisory authority (FINMA) is the role of “the protection of creditors, investors and policy holders and property safety, and to ensure the smooth operation of the financial market, to maintain through continuous supervision and control and stabilize the Swiss financial position”
More and more goods to be traded through online, but this kind of development will inevitably have to use to pay online, traditional online payment channels (such as credit cards, professional payment providers such as PayPal), and now the virtual currency payment (bitcoin), while bitcoin transactions occurred in a a fully decentralized environment, it can exchange the ‘real’ in currency trading platform, such as the euro or the dollar.
The Swiss financial market supervisory authority (FINMA) also pointed out that the current regulatory law and no specific provisions on bitcoin, bitcoin transactions may according to the business model or any other type of encryption currency need to have a license. For example, suppose a stock exchange established and received more than 20 users to recharge, then the platform needs to hold a banking license, similar rules will join in.
This century, Switzerland has been in a world financial centre, the Swiss financial market supervisory authority (FINMA) will bitcoin account that in itself is a kind of progress, of course, Switzerland is not a impulse of the country, the Swiss financial market supervisory authority (FINMA) is currently under consideration, they don’t act rashly.
If the Swiss bank really will be regarded as the future of bitcoin, then other countries of the bank will look at how?