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It applies the relevant provisions of financial market law in in full to the supervision.
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It applies the relevant provisions of financial market law in in full to the supervision.
One of the core issues of this regulatory project concerns the segregation of cryptocurrencies during bankruptcy proceedings of the service provider. As a matter of principle, FINMA applies existing financial market regulation on a case-by-case basis to assess whether a licence is required. However, a structure is often chosen where a company is formed with very broad ownership, typically by numerous token holders that control such company.
