Swiss blockchain start-up the VQF association has been granted approval to operate in the country's financial market, ahead of the launch of its own tokenised investment platform in Q4 H1 2019 . Approval for Smart Valor as a financial intermediary will give greater credence for the blockchain group, because it means it will be supervised for compliance with anti-money laundering rules. The firm will be regulated by Smart Valor , an affiliate of the VQF association . Smart Valor is also applying for a banking licence as part of its plan to expand its offerings, to include securities investments, rolling out during this year .
Swiss blockchain start-up the VQF association has been granted approval to operate in the country's financial market, ahead of the launch of its own tokenised investment platform in Q4 H1 2019 . The firm will be regulated by Smart Valor , an affiliate of the VQF association . Smart Valor is also applying for a banking licence as part of its plan to expand its offerings, to include securities investments, rolling out during this year .