Switzerland Passes New Regulations For Stablecoins, as they Prepare To Become Headquarters for Facebook's Libra Cryptocurrency...

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Swiss Financial Market Supervisory Authority (FINMA) just passed additional regulations specifically for stable-coins, as the nation prepares to become home to the Libra Association headquarters.

This isn't a hostile move - Facebook requested clarity on any vaguely-worded regulations, and clear answers for any remaining grey areas.

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