ECUREX approved by the Switzerland’s financial watchdog

Regulation | June 3, 2015 By:

The Swiss Financial Market Supervisory Authority (FINMA), Switzerland’s financial watchdog, has decided that ECUREX is compliant with the Swiss Bank Secrecy Act, after 16 months of investigations.

“Switzerland has the most challenging regulatory environment for such a business and we are thrilled to be the first with a business model that allows us to operate here,” said ECUREX CEO and co-Founder Paolo Tasca.

ECUREX operates a cryptocurrency trading platform, and is currently invite only. The exchange will soon add fiat pairs to the platform, allowing traders to exchange Swiss francs and American dollars for a range of digital currencies.

ECUREX is a digital finance marketplace for professional traders and financial institutions.