Switzerland: Adopted FINMA Guidance on stablecoins
Description
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…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
other regulatory body