Category
Regulation
- regulation
What Is the CLARITY Act? A Plain-English Summary (October 2026)
The CLARITY Act (H.R. 3633) is the US crypto market-structure bill. It passed the House in July 2025 and stalled in the Senate on 15 September 2026. What it does, who it changes things for, and where it stands.
- regulation
Two New FINMA License Categories Proposed: What the Crypto-Institution License Means in Practice
Switzerland proposed two new FINMA-supervised license categories in late 2025: the crypto-institution license and the payment instrument institution. Here is what they actually mean for exchanges, custodians, and the firms that have been operating under SRO oversight.
- regulation
FINMA's Crypto Guidance 01/2026: What It Actually Means for Custody (Not the Legal Version)
FINMA published Guidance 01/2026 on crypto custody in January 2026. Here is what the circular actually requires — asset segregation, foreign custodian rules, and what changes for individuals holding crypto via Swiss institutions. Plain language, not a law firm memo.
- regulation
Switzerland's CARF Delay Explained: What 2027 Really Means for Swiss Crypto Holders
Switzerland put CARF on the statute book and then switched it off for a year. The rules do not apply in 2026 at all, and implementation can start on 1 January 2027 at the earliest. Here is what that means in practice: what your bank is and is not collecting, and what a Swiss crypto holder should actually do with the window.
- regulation
Does MiCA Apply in Switzerland? A Field Note on the Border
Short answer: no, MiCA does not directly apply in Switzerland, because Switzerland is not in the EU or the EEA. But in 2026 MiCA still reaches Swiss firms and holders in three concrete ways — and the 1 July transitional deadline, now past, turned that reach into something firms had to act on.
- regulation
MiCA vs FINMA: A Field Note from Someone Who Watches Both
MiCA and FINMA are not competing for the same thing. Read side by side across a single border, the two regulatory frameworks differ in ways that are real — and not what most comparisons get right.
- regulation
Switzerland After FTX: How FINMA Responded and What It Changed
FTX collapsed in November 2022. FINMA's response — tighter AML thresholds, mandatory crypto reporting, and stricter enforcement of segregation rules — was incremental, not dramatic. A field note on what actually changed, read from FINMA's own documents, and why the Swiss banks came out ahead.
- regulation
The DLT Act Explained Without a Law Degree: What Changed for Crypto in Switzerland
Switzerland's DLT Act entered into force February 1, 2021 — amending nine federal laws at once. Here's what three innovations actually changed for crypto firms, custody providers, and anyone holding digital assets in Switzerland.
- regulation
When FINMA Gave Crypto Its First Banking Licenses in 2019
On August 26, 2019, FINMA granted Switzerland's first banking licenses to pure-play crypto firms — SEBA and Sygnum. A field note on what that day meant for Zug, what the licenses actually meant, and where both banks are now.
- regulation
FINMA's ICO Guidelines in 2018: What They Revealed About Switzerland's Regulatory Philosophy
On February 16, 2018, FINMA published six pages that changed the global conversation on crypto regulation. A field note on the three-token classification framework, why FINMA chose taxonomy over prohibition, and why this document still matters in 2026.