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New Swiss Regulation of Stablecoins and Crypto Asset Service Providers

29.01.2026

New Swiss legislation has been proposed for stable coins referencing a fiat currency. Such stablecoins must be issued by Swiss issuers licensed by FINMA as payment instrument institutions (a new type of license).

 

Author

Olivier Favre, Fabio Elsener

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Contact

Fabio Elsener

Fabio Elsener

Counsel

Zurich +41 44 215 3684

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Olivier Favre

Dr. Olivier Favre

Partner

Zurich +41 44 215 3426

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