Facebook’s Project Libra has applied for a  payment system license from the Swiss Financial Market Supervisory Authority (FINMA). FINMA says Libra’s service offerings will, however, require a broader oversight that would include operational risks, liquidity and more, according to a Reuters report on September 11, 2019. Facebook Forging Ahead with Libra Despite the strict regulatory

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Source and More information: Facebook’s Libra Seeks Swiss Payment System License 

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