SEBA Crypto AG
SEBA receives FINMA banking and securities dealer licence
Media Release SEBA receives FINMA banking and securities dealer licence allowing it to close the gap between traditional and digital asset markets – For the first time, a reputed regulatory authority – the Swiss Financial Market Authority (FINMA) – grants a banking licence to a financial services provider with main focus on digital assets – As a licenced and regulated bank, SEBA will be able to start operations providing integrated banking and investment products and services in a secure environment – SEBA will enable professional and institutional clients to invest, safely keep, trade and borrow against traditional and digital assets, as well as issue tokens, in one place – This represents a significant step forward in the evolution of the digital asset market ecosystem Zug/Switzerland, 26 August 2019 – SEBA Crypto AG (SEBA) is proud to announce it has successfully obtained a banking and securities dealer licence[1] from the Swiss regulator FINMA. This represents a milestone for the entire digital asset market ecosystem, as a new secure and integrated access point to the crypto world is now available. The 2018 founded start-up, led by CEO Guido Bühler, has successfully built a licenced and supervised bank within 17 months. The official go-live is expected to take place in early October 2019. The already announced cooperation between Julius Baer and SEBA will enter into force at this time. Andreas Amschwand, Chairman of the Board of SEBA, commented: “The banking licence of the Swiss Financial Market Authority FINMA is not only a milestone for SEBA, it sets a new standard for banking in the Blockchain and digital asset economy. This moment has significance far beyond the Swiss financial industry.” For further information and the press kit, please visit our website www.seba.swiss.
Issuer: SEBA Crypto AG Key word(s): Finance
End of Corporate News |