Yellow Card, one of the world's largest stablecoin infrastructure and payments providers, has secured regulatory AML affiliation in Switzerland as a supervised financial intermediary, marking a significant expansion of its global regulatory footprint.
The approval, announced on Tuesday, establishes a Swiss base for banking partners and institutional clients seeking to move capital into high-growth emerging economies efficiently and compliantly through the use of stablecoins. Through Yellow Card's Swiss wholly-owned subsidiary, institutional and corporate clients can now access the group's stablecoin infrastructure across its operating markets, supported by a single, supervised point of contact and the group's established compliance and technology capabilities.
Chris Maurice, CEO and Co-Founder of Yellow Card, said the move reflects growing institutional demand for compliant stablecoin infrastructure. "Stablecoins have become critical infrastructure for global institutions, and compliant access to the rails and payments is a requirement for companies looking to utilize this technology. Our Swiss subsidiary gives them a regulated, supervised counterparty for accessing our global Stablecoin infrastructure in Switzerland and across the U.S., Africa, LATAM, and other emerging markets, built on the network we already operate at scale."
Switzerland is the latest addition to Yellow Card's growing regulatory portfolio. The company's extensive market coverage is underpinned by a wide range of strategic partnerships, licenses, registrations, and other regulatory authorizations, including the first VASP license ever issued on the African continent. The group continues to pursue further licenses, registrations, and authorizations as it expands its global regulatory footprint.
Craig Stoehr, General Counsel of Yellow Card, emphasised the importance of compliance in the company's expansion strategy. "For our banking partners and international clients, the compliance framework is not a formality, but rather a foundation. Switzerland holds financial intermediaries to one of the highest regulatory standards in the world, and our Swiss subsidiary was built to meet these standards. Combined with the licensed infrastructure already in place across our global network, this standard provides our partners a rare combination of regulatory confidence and real operational reach."
Yellow Card's Swiss subsidiary will be led by Ms. Olpha Bribech, a French lawyer and member of Yellow Card's senior management team. The company is establishing a permanent local presence in Lugano in the Canton of Ticino, which has become a recognised hub for blockchain and digital assets and is home to an active community of developers, businesses, and institutions working across the sector.
Yellow Card is the largest licensed stablecoin-based infrastructure provider operating across more than 50 emerging markets. The company has partnered with major global players including Visa, Mastercard, Western Union, Thunes, and MoneyGram, and has raised equity financing from leading venture capital firms such as Polychain Capital, Blockchain Capital, Valar Ventures, and Third Prime Ventures.