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Crypto Regulation in Geneva (Canton)

Crypto Friendly

Geneva hosts several crypto funds and trading firms. Strong private banking ties to digital assets. Federal regulations apply with cantonal tax rates.

Region: Europe

Tax Information

Capital Gains (Personal)
0% (private), wealth tax varies
Capital Gains (Corporate)
~22.4% combined
VAT on Crypto
--
Staking Tax
--
Airdrop Tax
--
Mining Tax
--

Licensing & Registration

License Required
Yes
Regulator
FINMA
Framework
FINMA Banking/DLT Act
License Types
--
Estimated Cost (USD)
--
Timeline
--
Ease of Licensing
--

AML / KYC

KYC Required
--
Travel Rule
--
FATF Member
--
FATF Status
--
Suspicious Activity Reporting
--

Mining

Mining Legal
Yes
Status
Unknown
Electricity Cost ($/kWh)
$0.1
Renewable Energy
--
Climate
Temperate
Infrastructure
Moderate
Tax on Mining Income
Standard corporate tax

Soken Services

Legal Opinion
Available | $3,000 - $12,000 | 14 days
Banking
Difficulty: Medium | Crypto-friendly banks: none listed
Fiat Rails
SWIFT
Card Payments
Visa, Mastercard
Company Registration
$2,000 | 14 days | LLC
Licensing Support
Available | $5,000 - $25,000

Frequently Asked Questions

Is crypto legal in Geneva (Canton)?
Cryptocurrency is currently classified as "Crypto Friendly" in Geneva (Canton). Geneva hosts several crypto funds and trading firms. Strong private banking ties to digital assets. Federal regulations apply with cantonal tax rates.
What is the crypto tax rate in Geneva (Canton)?
In Geneva (Canton), the personal capital gains tax on crypto is 0% (private), wealth tax varies, and the corporate tax rate is ~22.4% combined.
Do I need a crypto license in Geneva (Canton)?
Yes, a crypto license is required in Geneva (Canton). The regulator is FINMA under FINMA Banking/DLT Act. Estimated licensing cost: varies.
Is crypto mining legal in Geneva (Canton)?
Yes, crypto mining is legal in Geneva (Canton). Electricity costs approximately $0.1/kWh. Mining income is taxed at: Standard corporate tax.
What are the AML/KYC requirements for crypto in Geneva (Canton)?
KYC requirements for crypto businesses in Geneva (Canton) are not clearly defined.