CVA and SBF joint statement: Swiss blockchain industry warns against planned FINMA practice on staking
Published on September 6, 2023
The Crypto Valley Association and the Swiss Blockchain Federation issues joint statement: Swiss blockchain industry warns against planned FINMA practice on staking
The Swiss Financial Market Supervisory Authority (FINMA) has announced a change in practice according to which a banking license would be required for staking services in the future. The Swiss blockchain industry warns that staking can thus no longer be offered from Switzerland at competitive conditions. This is emphasized by the two associations Swiss Blockchain Federation (SBF) and the Crypto Valley Association (CVA) in a joint statement.
To learn more, download the attached joint statement.