Libra applied for a license from FINMA - The Cryptonomist


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The Libra Association has officially applied for a payment system licence from FINMA Switzerland. 

The association is based in Geneva, Switzerland, so the application to operate as a payment system was sent to the Swiss Federal Financial Market Supervisory Authority

As the CEO of the Poseidon Group, Lars Schlichting, reveals, the whitepaper was amended prior to the application, and the application submitted differs significantly from the original project. 

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