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Valour approved for Swiss VQF membership

Monday 11 April 2022 11:55 CET | News

DeFi Technologies has announced that Valour, its wholly owned subsidiary, has been approved for a Swiss VQF membership through its Switzerland-based entity DeFi Europe.

The Swiss VQF membership was awarded by VQF, a self-regulatory association for the financial industry in Switzerland. The SRO is supervised by the country's official watchdog, the Swiss Financial Market Supervisory Authority (FINMA).

DeFi Europe is a wholly owned subsidiary of Valour based in Zug, Switzerland. With the approval, DeFi Europe can now operate as a broker for digital assets, fully compliant with Swiss anti-money laundering legislation, enabling the company to offer access and liquidity in digital assets to businesses and institutions. The membership provides a regulatory stamp of approval strengthening the company's trust as an issuer of digital assets.


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Keywords: DeFi, AML, digital assets
Categories: Fraud & Financial Crime
Companies:
Countries: Switzerland
This article is part of category

Fraud & Financial Crime






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