Peter Märkl, the legal chief at Bitcoin Suisse, has criticized both EU and Swiss regulations on stablecoins as inadequate. He emphasizes the unclear rules under the MiCA framework and the overbearing KYC requirements in Switzerland, which hinder stablecoin issuers.
Bitcoin Suisse aims for international expansion, utilizing its Liechtenstein license to seek a full MiCA license. Märkl notes that the company is also exploring opportunities in the Middle East, UK, and US, contingent on regulatory developments.
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