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ARTICLE · 06 FEBRUARY 2026

Market Intelligence Thought Leadership Award Winner

Neue Schweizer Regulierung für Stablecoins und KryptoDienstleister

Schellenberg Wittmer Ltd
Schellenberg Wittmer Ltd
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Schellenberg Wittmer Ltd

Schellenberg Wittmer Ltd

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Der Schweizer Gesetzgeber schlägt eine Lösung vor für in der Schweiz ausgegebene Stablecoins, die eine staatliche Währung referenzieren. Emittenten solcher Instrumente sollen von...

SwitzerlandTechnology
Fabio Elsener
Fabio Elsener
Olivier Favre
Olivier Favre
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Key Take-aways

1. Der Schweizer Gesetzgeber schlägt eine Lösung vor für in der Schweiz ausgegebene Stablecoins, die eine staatliche Währung referenzieren. Emittenten solcher Instrumente sollen von der FINMA als Zahlungsmittelinstitute bewilligt werden.

2. Für Wallet-, Kundenhandels- und Market-Making-Dienstleistungen betreffend Kryptowährungen und andere Stablecoins schlägt der Gesetzgeber sodann eine neue Bewilligungskategorie als KryptoInstitut vor.

3. Schliesslich führt die Vorlage Verhaltens-, Organisations- und Dokumentationspflichten, für Kryptowährungen und gewisse Stablecoins ein, die sich an den entsprechenden Pflichten für Finanzinstrumente orientieren.

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