Two banks holding cryptocurrency licenses will officially operate in Switzerland next month

According to foreign media today, two banks holding cryptocurrency licenses will officially operate in Switzerland next month. The Swiss Financial Market Regulatory Authority (FINMA) issued the first batch of temporary banks and securities licenses to Seba and Sygnum, officially allowing them to use cryptocurrencies to provide regulated services such as deposits, investments, loans and withdrawals, for asset management companies, general banks, Startups and other financial institutions provide services.