The membership will assure people that all DeFi Europe AG trade operations are compliant with Swiss anti-money laundering legislation and will enable the company to offer its ETP’s directly to businesses and institutions
DeFi Technologies Inc., a technology company bridging the gap between traditional capital markets and decentralized finance, announced that Valour Inc., its wholly owned subsidiary and a pioneer in digital asset exchange traded products, has applied for a Swiss VQF membership through its Switzerland-based entity DeFi Europe AG.
The VQF membership is awarded by the Verein zur Qualitätssicherung von Finanzdienstleistungen (Financial Services Standards Association), a self-regulatory association for the financial industry in Switzerland. The SRO is supervised by the country’s official watchdog, the Swiss Financial Market Supervisory Authority (FINMA).
Latest Fintech News: FEG Introduces SmartDeFi – a Revolution in Digital Assets
DeFi Europe is a wholly owned subsidiary of Valour Inc. based in Zug, Switzerland. Once approved, DeFi Europe will be operating as a broker for digital assets, fully compliant with Swiss anti-money laundering legislation, and will enable the company to offer access and liquidity in digital assets.
“We are fully supporting and embracing a more regulated environment for investments, specifically in digital assets,” said CEO of Valour Tommy Fransson. “Admission as a member of the VQF will further our mission to bridge traditional capital markets and the new digital era with a focus on transparency and investor utility.”
Latest Fintech News: TAB Flow Checking Account from TAB Bank to Provide Stock Rewards for Customers’ Day-to-Day Spending
About VQF
The Financial Services Standards Association (in German: Verein zur Qualitätssicherung von Finanzdienstleistungen – VQF) is a Self-regulatory Organization (SRO). In Switzerland Swiss Financial Market Supervisory Authority (FINMA) is the Swiss government body responsible for financial regulation of financial institutes/intermediaries such as Banks, Insurances, Broker-Dealers, Funds as well as SRO’s.
About DeFi Europe
DeFi Europe is a wholly owned subsidiary of Valour Inc. based in Zug, Switzerland. Once approved, DeFi Europe will be operating as a broker for virtual assets, fully compliant with Swiss anti-money laundering legislation and enable the company to offer access and liquidity in virtual assets.
Latest Fintech News: FirstBank Boosts Loan Officer Productivity By 20% with Total Expert
[To share your insights with us, please write to sghosh@martechseries.com]
