Two Swiss Banks Receive FINMA Crypto Services Approval
Swiss private bank Maerki Baumann will now be able to offer its customers crypto custody and trading services. It is possible due to the approval of the Swiss financial market regulator FINMA, which the bank has recently received. The credit institution plans to launch a trading platform for BTC, BCH, LTC and XRP.
Recall that since April 2019, Maerki Baumann has been offering business accounts for blockchain companies. Now, having received the necessary license, the bank has the opportunity to gradually extend the range of its services starting from the second half of 2020.
Image courtesy of InfoFX
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