Odaily Planet Daily News: The Swiss Financial Market Supervisory Authority (FINMA) has decided to close FlowBank, a Swiss online bank that provides cryptocurrency services to customers. The regulator said that the bank no longer has sufficient capital to maintain its banking business, and there is good reason to worry that the bank is currently over-indebted and has no prospects for restructuring. It is reported that Swiss law firm Walder Wyss has been appointed by FINMA as the bank's bankruptcy liquidator. (Coindesk)