🇨🇭Switzerland has long been one of the world’s most open, innovative, and trusted financial centres - and a pioneer of early, crypto-friendly regulation. This puts it in a great position to attract stablecoin and crypto-asset businesses. The Swiss Federal Council’s move to advance a new crypto and stablecoin bill is a good step in that direction. In our submission to the Swiss consultation, @circle supports the proposed stablecoin framework and calls for an equivalence-based pathway for prudentially regulated non-Swiss stablecoins. Switzerland has a unique opportunity to leverage its second-mover advantage in this emerging internet financial system. More details on our submission in the comments.(Patrick Hansen)