Switzerland Crypto Regulation Timeline

Key dates: FINMA guidance on crypto topics, the DLT Act, the first DLT trading facility and the 2025 consultation.

1. 29 Sep 2017FINMA

   FINMA Guidance 04/2017

   Regulatory treatment of initial coin offerings.

   Source: FINMA official

2. 26 Aug 2019FINMA

   FINMA Guidance 02/2019

   Payments on the blockchain.

   Source: FINMA official

3. 1 Feb 2021Law

   DLT Act: First Part in Force

   Provisions enabling ledger-based securities take effect.

   Source: SIF official

4. 1 Aug 2021Law

   DLT Act Fully in Force

   Allows DLT trading facilities and increases legal certainty in the event of bankruptcy.

   Source: SIF official

5. 20 Dec 2023FINMA

   FINMA Guidance 08/2023

   Staking.

   Source: FINMA official

6. 26 Jul 2024FINMA

   FINMA Guidance 06/2024

   Stablecoins: risks and challenges for issuers of stablecoins and banks providing guarantees.

   Source: FINMA official

7. 18 Mar 2025FINMA

   Seturion AG

   FINMA licenses BX Digital AG as the first DLT trading facility.

   Source: Source official

8. 5 Sep 2025FINMA

   FINMA Guidance 03/2025

   Disclosure of cryptobased assets in banks’ annual financial statements.

   Source: FINMA official

9. 22 Oct 2025Law

   Consultation: New Licences

   The Federal Council proposes payment instrument institutions and crypto-institutions.

   Source: SIF official

10. 12 Jan 2026FINMA

    FINMA Guidance 01/2026

    Custody of cryptobased assets.

    Source: FINMA official

11. 6 Feb 2026Deadline

    Consultation Closes

    End of the consultation on the Financial Institutions Act amendment.

    Source: SIF official

12. 7 Sep 2026Register

    Seturion AG

    Commercial register: BX Digital AG renamed Seturion AG.

    Source: Source official