Switzerland: FINMA Guidance on stablecoins
Progress
Current status
adopted
26 Jul 2024 adopted
Scope
Implementers
Switzerland
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
other regulatory body
Implementation Level
national
Timeline of events
Adopted FINMA Guidance on stablecoins
On 26 July 2024, the Swiss Financial Market Supervisory Authority issued a Guidance on stablecoins, particularly focusing on licensing requirements. The Guidance provides information on the legal classification of stablecoins, treatment under bankin…
SourceEvent type
outline
Action type
adoption
Government branch
executive
Government body
other regulatory body