{"id":"tp-5067","type":"article-newspaper","title":"Switzerland to lower client KYC threshold value for crypto exchange transactions to $1,000","author":"Catherine Martin","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/regulation/5067","datePublished":"2020-02-10T09:40:11.000Z","dateModified":"2020-02-10T09:40:11.000Z","language":"en","abstract":"The Swiss Financial Market Supervisory Authority (FINMA) has proposed to lower the client identification threshold value for cryptocurrency exchange transactions from 5,000 CHF to 1,000 CHF (or USD$1,020), as stated i…","section":"Regulation","references":[{"title":"press release","url":"https://www.finma.ch/en/news/2020/02/20200207-mm-finiv/"},{"title":"Cointelegraph","url":"https://cointelegraph.com/news/switzerland-to-require-id-for-crypto-exchange-transactions-over-1k"},{"title":"released guidelines","url":"https://tokenpost.com/Germanys-financial-regulatory-authority-clarifies-cryptocurrency-custody-law-5038"},{"title":"online post","url":"http://tokenpost.com/FCA-issues-key-instructions-for-cryptoasset-businesses-ahead-of-EUs-5AMLD-deadline-4000"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}