Swiss crypto regulation is facing a paradigm shift. With the FINIG revision, the Federal Council is sending two new authorisation categories out for consultation: Payment institution and the crypto institution. This affects virtually all providers of custody, trading, staking and stablecoins in Switzerland.
Dr. Dirk Spiegel, CEO of velaw, explains what this means in practice and why now is the right time to review your compliance structure in this short video.
You are currently viewing a placeholder content from Default. To access the actual content, click the button below. Please note that doing so will share data with third-party providers.
More InformationTwo new licence categories: With the FINIG revision, the Federal Council proposes two new categories: payment institutions for payments and stablecoins, and crypto institutions for custody, trading and staking.
FINMA instead of an SRO: The previous SRO model will be replaced by direct FINMA supervision. For many providers, this means higher requirements for organisation, governance and documentation.
No specific entry into force, but a clear direction: An exact date has not yet been set. However, the regulatory direction is clear. Those who act now will gain a strategic advantage.
Prepare now: The key question is not whether, but when. Institutions that review and adapt their compliance structures today will have less effort tomorrow.
velaw supports financial institutions and crypto service providers with regulatory classification and preparation. Contact us for a free initial assessment.
Get in touch
Our detailed analysis of the crypto institution licence under FINIG
