🇨🇭 Zurich (Canton)

Switzerland, specifically Zurich Canton, maintains a crypto-friendly regulatory environment under FINMA supervision with clear frameworks such as the Banking Act and DLT Act. FINMA emphasizes proportional, risk-based, and technology-neutral supervision, supporting innovation while ensuring market integrity.

Overview

Statuscrypto_friendly
Risk Score15/100 (Low Risk)
Regioneurope
CurrencyCHF

Tax

VAT on CryptoNo

The regulatory text does not specify exact tax rates or rules for cryptocurrencies, but Switzerland generally does not apply VAT on crypto transactions and treats capital gains favorably for individuals.

Licensing

RequiredYes
RegulatorFINMA
FrameworkFINMA Banking Act and DLT Act
Easemedium
CostN/A

Licensing is required under FINMA with a focus on proportional and risk-based supervision. The process is medium in difficulty, balancing innovation and compliance.

DeFi

Status: regulated

DeFi activities fall under existing FINMA regulations, requiring compliance with AML and licensing rules.

Stablecoins

Status: regulated

Stablecoins are regulated under the DLT Act and related FINMA guidelines, ensuring consumer protection and financial stability.

NFTs

Status: no_rules

No specific NFT regulation; generally permitted

Mining

LegalYes
Electricity$0.15/kWh
Renewable30%
Infrastructureexcellent

Mining is legal with moderate electricity costs and good infrastructure. Renewable energy accounts for 30% of supply.

Geopolitics

Stabilityvery_stable
SanctionsNo
Corruption Index85/100
Banking Accessopen

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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