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How Switzerland will regulate Libra

Fintech Beat, Ep. 71

Following controversy, a slimmed down Libra Association reconfigured the Libra coin and entered into negotiations with regulators around the world, all in an effort to ensure that their new payments system would be in compliance with a web of global supervisory frameworks and requirements.
Following controversy, a slimmed down Libra Association reconfigured the Libra coin and entered into negotiations with regulators around the world, all in an effort to ensure that their new payments system would be in compliance with a web of global supervisory frameworks and requirements. (Jakub Porzycki/NurPhoto via Getty Images)
By Chris Brummer and Evan Campbell
Posted October 27, 2020 at 4:00am

Mark Branson, the top regulator in Switzerland, explains how Libra came to be based in the country, and how he intends to regulate the cryptocurrency.

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