US wants tight Swiss cryptocurrency regulations - concern on Facebook's Libra

Author: Eamonn Sheridan | Category: Cryptocurrency

US Treasury in discussions with regulators in Switzerland surrounding digital currencies

  • US want strong Switzerland regulations governing cryptocurrencies
  • The Swiss are in preparations for hosting Libra, a digital currency proposed by Facebook (the crypto to be partly based in Geneva)
  • US and Swiss officials met Tuesday in Bern, Switzerland
  • Treasury is concerned on potential digital money laundering and other illicit purposes
US Treasury in discussions with regulators in Switzerland surrounding digital currencies



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