The financial market supervisory authority permitted the 1st Swiss-based firm to operate within the segment of virtual assets legally. It is controlled by a firm called Seba Bank and also by Crypto Finance that enables financial intermediaries with virtual coins in asset management, storage and tokenization solutions.
It is crucial to say that the representative of this market watchdog noticed that it is the 1st cryptocurrency company to become legal there.
The company is called Crypto Market Index Fund, and it is part of the group that involves high-risk financing.
