Fuze Finance Wins SO-FIT Approval to Expand into Switzerland, Offering Crypto Asset and Stablecoin Settlement Infrastructure to Institutional Clients
Fuze Finance announced its expansion into Switzerland and received SO-FIT approval as an affiliated financial intermediary regulated under anti-money laundering law. In addition to SWIFT, SEPA, and SIC payment channels, it will provide crypto asset infrastructure and stablecoin settlement to institutional clients. In Switzerland, the company will serve private banks and asset management firms through regulated partner banks and fintech companies, offering services such as crypto asset brokerage and over-the-counter agency settlement. Fuze says roughly four-fifths of Swiss banks have yet to establish regulated crypto asset services.
Source illustrations
Image source:PR Newswire consumer technology company news · Select an image to enlarge it.
Source:PR Newswire consumer technology company news · prnewswire.com