Israel and Switzerland have agreed to collaborate on issues including financial technology regulation, cryptocurrencies, market access and the fight against money laundering and terrorism finance. It is a move that should bring two of the world’s most sophisticated fintech markets closer together.
The announcement follows a visit to Israel by Switzerland’s finance minister, Ueli Maurer, and the head of its state secretariat for international financial matters, Jörg Gasser.
In interviews with Euromoney, cryptocurrency businesspeople applauded the decision, saying it would be useful for the market’s leading regulators to learn from each other, to better regulate and foster new financial technologies.
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