Most crypto cards hide who issues them. After mapping the licensed issuers, here is why Switzerland’s self-issuing model reads differently.
Author: Mihail B.
Mihail is the founder of Sweepbase, an independent research project and comparison database for crypto-linked payment cards. Sweepbase tracks 141 active cards across regions, networks, custody models and fees, and (unusually for the category) the licensed banks and e-money institutions that actually issue them. He started the project after running into the problem most cardholders have: the brand printed on a crypto card rarely tells you who really stands behind it, which regulator would step in if something broke, or how your money is protected. Sweepbase's work centres on reading the primary documents (cardholder agreements, regulator registers, company filings) rather than repeating marketing copy. Sweepbase earns affiliate revenue on some cards and discloses it, and keeps the research and ratings separate from it.
Bitcoin in 2026 trades around USD 84,000, while US spot ETFs hold about USD 102 to 104 billion and listed companies 1.27 to 1.29 million BTC.
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