🇨🇭 Lugano (Crypto City) Free Zone

Switzerland, including Lugano as a crypto city, maintains a crypto-friendly regulatory environment under the supervision of FINMA. The regulatory framework includes the FINMA DLT Act, supporting innovation and proportional oversight.

Overview

Statuscrypto_friendly
Risk Score15/100 (Low Risk)
Regioneurope
CurrencyCHF

Tax Information

VAT on CryptoNo

The regulator page does not specify detailed tax rates or rules for cryptocurrencies.

Licensing & Registration

RequiredYes
RegulatorFINMA
FrameworkFINMA DLT Act
Easemedium

Licensing is required under the FINMA DLT Act with a proportional and risk-based approach to supervision.

Enforcement Activity

Level: Low

No significant enforcement actions reported; jurisdiction actively encourages crypto business

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberNo
FATF Statusfsrb_only
FATF BodyFATF
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: regulated

DeFi activities are regulated under the existing FINMA framework, ensuring compliance with AML and licensing requirements.

Stablecoins

Status: regulated

Stablecoins are regulated under the FINMA framework with specific requirements for issuance and custody.

NFTs

Status: no_rules

No specific NFT regulation; generally permitted

Mining

LegalYes
Electricity Cost$0.15/kWh
Renewable Energy30%
Infrastructureexcellent

Mining is legal with moderate electricity costs and good infrastructure in a temperate climate.

Geopolitical Risk

Stabilityvery_stable
SanctionsNo
Corruption Index85/100
Banking Accessopen

Switzerland is politically stable with strong institutions, no sanctions, high transparency, and excellent business environment.

Sources

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

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