Finma-regulierung voor Stablecoins: Krypto-Szene unter Druck

The Finanzmarktaufsicht (Finma) will go through the grace. It is the Finma chief Stefan Walter who has a first great power: a sensational view of the fall of Credit Suisse is no more.

All instruments, one of the best in their class, are dishes that Walter has not eaten. Dennoch has looked at the Finma and removed the content. So what about the Digital-Broker Flowbank in the financial sector in June – a selection of the possibilities that exist.

This curfew is the crypto industry in view of the management. At the end of July, a “Mitteilung” changes over the currency with Stablecoins. When it comes to crypto assets, it is a value of the dollar, the euro or the franc that is bundled, is a great value. They provide stability in the crypto market and bring a bridge into the traditional financial system.

Finma has now started identifying all stablecoin transactions, and how to acquire a stablecoin and for the banking form, the guarantee guarantee.

Anti-Krypto-Haltung who in the US?

The Mitteilung that the crypto industry clearly makes as a change of the rules-verstanden. “Das Vorgehen has introduced the restrictive US-Haltung”, says Mathias Ruch, leader of experts at the Branchenverband Swiss Blockchain Federation. In the US, the American SEC and the crypto industry have been busy with the competition for years. Although it is not possible that the practice changes, this is changing. Man has a well-organized process in the rear of the final of the Finanzmarktrecht 2025, when he was ready.

The Finma looks different. If you want to take the next step, you can’t find a bigger picture: the Anforderungen are not new. The debts have completely disappeared and the debt burden of the loans has disappeared and the guarantees for the bank guarantees are based on the mortgage.

But from the perspective of the crypto industry, the investment is already different from damage. If this comes from Finma, you have a regular character, says Ruch, “man creates facts”. There is critical reaction to the analysis of the crypto purchase of stablecoins when it comes to transactions and the execution of transactions. This future was seen more often in the EU, Singapore, Hong Kong, Japan or the US.

If the Stablecoin recommendation itself is implemented, this is not a problem. “The high compliance costs in the identification of new products are no longer possible for startups,” says Ralf Zellweger, Managing Director of the Schweizer Stablecoin-Startup Centi. The cost of the potential of Stablecoins is zero.

Vorteil von Stablecoins is lost

The Advantage of Stablecoins is a great Zellweger, the Nutzer is worth digital money and owes this Blockchain to the intermediary of banks for the transaction activities. While the Finma has done the identification of the «Zwischenhändler», he is lost. If there is a (state) institution that carries out all the controls on the transactions, it is worth receiving digital money.

It is undisputed that Stablecoins have been taken out of Compliance research. If you are an anonymous Gelder who goes to the verwischen, or in Darknet, says Detlev Basse, leading Rechtsberater at Wirtschaftsprüfer BDO. Keep in mind that the Stablecoins are no longer active. “The best money has still not entered the classic financial cultivation system, but it is a good way to harvest,” says the Compliance Expert.

If the Stablecoin numbers make more money, the Zellweger of the Centi nicht gilts. The Regulations are considered to be of good quality. “If you want to buy Stablecoins for over 1000 francs in Fiat-Währung, you must identify yourself,” he says. The Errungenschaft der Schweiz is, with a fortschrittlichen Krypto-Regulierung as innovative Finanzplatz with branches, würde with the Auflagen geschliffen, glaubt there.

“Technology must itself be adapted to regulation”

Not a single cent will now become a Stablecoin project on the Swiss francs, and the Swiss Stable Coin or the Buchgeld token of the Swiss Banking Association. Although it is clear that it became a new project, it could happen. The Verification in the Swiss crypto scene is gross. The merger of the three projects that were in place before the launch has pushed Switzerland towards the EU, because regulation is stronger there.

The Finma settled in the course of an uninhabited fortress. It is best to use the Grundsatz of Technology Neutrality. Demgemäss follows the start of the principle “Same Business, Same Risk, Same Regulation”. It is necessary that you use the monetary best immune funds at Stablecoins.

The crypto industry said it was good, but the Verschärfung with Ansage. Early July with Finma boss Walter on the «Point Zero Forum» of the Stablecoin regular way. Walter made sure that the Stablecoin purchase got a bank guarantee that would make the Finma beautiful. It is Schlupflöcher, the man full of müsse.

Walter concretes himself, who uses the following travel rule. Therefore, financial intermediaries must provide information about recognition and employer dishonor payment. The Travel Rule is separated from the camp with money and terrorist financing and more from the Blockchain relations. “Technology is a solution for the regulation that is not possible,” said the Finma CEO.

Kaum Dialog in Amsterdam

Finma said that Walters Amtsantritt in April of the Krypto-Branche was the Kalte Schulter. Gemäss Mathias said that the Blockchain-Verband has reached the end of the pandemic and will lead to more finma. “There is a dialogue going on that can be a file if you do not serve it.” Although the Theme Stablecoin is a striking trend, it is no longer on the agenda.

The contrast with the time for the Finma president of Marlene Amstad in the year 2021. One of the new leaders chef Mark Branson has had a new Australian experience. There is a man who is at the Finma with the duration of a Round Table once in a while, where all the Anliegen of the Fintech Industry are concerned with. The Finma says that it is a regularity with project initiatives, connections and self-development organizations.

When Amstad found Finma, Krypto became an industry insider. So if we look at Finma 2023, it is the case that Staking – an art crypto dividend – is now being shared by the banks. This flush can be locked. A Krypto entrepreneur said that the financing of the major economies of the Swiss Stablecoin markets is undergoing an unprecedented development. Because Verdacht in Raum is that Amstad is playing the «Musterknaben», man versuche nach dem CS-Debakel met überkompensieren.

Nicht das Ende der Franken-Stablecoins

It is a fact that Stablecoin projects on the euro fell into the starting holes. In Switzerland, a number of startups and banks have emerged, which want a lot, says Gregor von Bergen, crypto expert at Capco. The Finma storage with the guarantee of a bank is no longer possible as a death penalty for Stablecoin projects. It is becoming greater that the identification of the Zwischenhändler, but also Auflagen, the high capital investment of crypto assets according to the Basel III regulations.

The Compliance Specialist also looks at the Finma Auflagen as a show-stopper. Launching, operating who does a transaction of Stablecoins, is a new regime that is becoming possible. If you want to use a powerful crypto product with Stablecoins, you have to comply with the regulations in the light that is adopted. It is a matter of saving money on the profit margin, and man cannot even weigh the cost of the costs on the costs. However the innovation has become, it has not succeeded.