FINMA

2026-07-07 09:30:29

Switzerland’s New Stablecoin Rule Sparks Debate Over Full Holder KYC

Switzerland’s new stablecoin regulation requires all holders to undergo KYC verification. FINMA says the move addresses AML and sanctions risks, while critics warn it could undermine privacy, complicate P2P transfers, and raise compliance costs for issuers.

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Switzerland’s New Stablecoin Rule Sparks Debate Over Full Holder KYC