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- 🎃 Halloween is here! Four GDOGs line up! 👻
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Click to apply now 👉 - 📈 Market Insights Weekly: Weekly Forecast Challenge
This Week’s Theme: #WillBTCHit120K
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Swiss encryption trading platform Smart Valor is exploring the possibility of selling all or part of its business
BlockBeats news, on January 22, according to CoinDesk, Swiss Cryptocurrency exchange platform and AI-driven investment firm Smart Valor is exploring the possibility of selling all or part of its business. CEO and co-founder Olga Feldmeier said in an interview that the company is conducting a strategic review after receiving a large number of inquiries from major global exchanges, Cryptocurrency platforms, and TradFi (Traditional Finance) institutions including banks and trading platforms. The European Union’s Crypto Assets (MiCA) market rules came into effect on December 30 last year, and Smart Valor may become a target for companies not approved by European regulators. Although Switzerland and Liechtenstein (the retail Cryptocurrency exchange regulatory jurisdiction of Smart Valor) are not EU member states, they belong to the European Economic Area (EEA) and can adopt MiCA. Liechtenstein’s law will come into effect on February 1. Feldmeier said the company has engaged investment bank Imperii Partners to explore potential opportunities.