But Bitcoin Suisse still has „many options on the table,” says the firm’s CEO.
Switzerland’s Financial Market Supervisory Authority — the country’s principal financial regulator — has denied Bitcoin Suisse’s application for a banking license. According to an official announcement on March 17, Bitcoin Suisse’s current application is ineligible for approval on the grounds that „various elements that are relevant under licensing law make it unlikely that a license will be granted.”The regulator said that it has withdrawn Bitcoin Suisse’s application for a banking license and terminated the licensing procedure.Speaking to Cointelegraph, Bitcoin Suisse CEO Arthur Vayloyan remained optimistic, stating that the firm still has „so many options on the table.” He explained that the firm’s reputation for cryptocurrency storage and trading has put it in an ideal position as institutional adoption of digital assets grows exponentia
Źródło: https://cointelegraph.com/news/swiss-regulators-reject-bitcoin-suisse-s-banking-license-application
