Attention crypto enthusiasts! đ Switzerland's FINMA has proposed new guidelines for stablecoin issuers, seeking to strengthen regulatory oversight and mitigate financial risks. Stablecoins, digital assets pegged to traditional currencies, have grown rapidly but have also raised concerns about their potential illicit use.
- **AML Regulation:** Issuers must comply with anti-money laundering obligations, verifying the identity of the owners and beneficiaries.
- **Guarantees:** They will be able to operate without a banking license if they meet certain conditions, protecting depositors.
- **Protection:** Although it does not match the security of a banking license, FINMA seeks robust standards to safeguard clients.
What do you think of these measures? Leave us your comment!
