SWITZERLAND HAS ITS FIRST BITCOIN COMPANY WITH OFFICIAL LICENSE
A company related to bitcoin in Switzerland recently obtained the first official license of the country as a financial intermediary for a firm of its type.
The Payment21 brand, from Moving Media GmbH, announced in its blog that it has been granted the Directly Subordinated Financial Intermediary (DSFI) license granted by the Financial Market Supervisory Authority (FINMA) in the European nation. In order to do this, he has been working for more than a year with the financial institution in order to achieve regulatory status, and must comply with the laws against money laundering and KYC.
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