---
type: subdivision
domain: crypto-regulation
status: stable
tags: ["crypto-regulation", "europe", "fatf", "crypto_friendly"]
aliases: ["CH-ZG", "CHE-ZG", "Kanton Zug"]
created: 2026-04-13
updated: 2025-12-01
compile_into: ["[[country--switzerland]]"]
sources:
  - name: "FINMA"
    url: "https://www.finma.ch"
    type: "official"
  - name: "Swiss Federal Council - DLT Act"
    url: "https://www.fedlex.admin.ch"
    type: "official"
---

#  Zug (Crypto Valley) (CH-ZG) — Crypto Regulation

> Switzerland, including the Zug region (Crypto Valley), maintains a crypto-friendly regulatory environment with clear federal legislation such as the DLT Act. The Swiss Financial Market Supervisory Authority (FINMA) oversees crypto activities with a focus on proportional, risk-based, and technology-neutral supervision.

## Overview

| Field | Value |
|-------|-------|
| Status | crypto_friendly |
| Sub-jurisdiction of | [[country--switzerland|Switzerland]] |
| Risk Score | 8/100 (Low Risk) |
| Enforcement Level | Low |
| Region | [[domain--europe|europe]] |
| Currency | [[entity--chf|CHF]] |

## Tax

| Type | Rate |
|------|------|
| VAT on Crypto | No |

Switzerland generally does not impose VAT on crypto transactions and treats crypto assets under existing tax laws, but specific rates for capital gains, staking, mining, and airdrops are not detailed in the provided text.

## Licensing

| Field | Value |
|-------|-------|
| Required | Yes |
| Regulator | [[entity--finma|FINMA]] |
| Framework | DLT Act (Federal) |
| Ease | medium |
| Cost | $50,000 - $500,000 |
| Timeline | 6-12 months |

Licensing is regulated under the federal DLT Act with FINMA as the supervisory authority, requiring compliance with financial market laws and proportional supervision.

## AML / KYC

| Field | Value |
|-------|-------|
| KYC Required | Yes |
| Travel Rule | Yes |
| [[concept--fatf|FATF]] Member | No |
| FATF Status | fsrb_only |

## DeFi

**Status:** regulated

DeFi activities are subject to regulation under Swiss financial market laws and supervised by FINMA to ensure compliance with AML and investor protection standards.

## Stablecoins

**Status:** regulated

Stablecoins are regulated under the DLT Act and related financial market regulations, requiring compliance with licensing and AML obligations.

## NFTs

**Status:** no_rules

No specific NFT regulation; generally permitted

## Mining

| Field | Value |
|-------|-------|
| Legal | Yes |
| Electricity Cost | $0.14/kWh |
| Renewable Energy | 30% |
| Climate | temperate |
| Infrastructure | excellent |

Mining is legal with moderate electricity costs and good infrastructure in the Zug region, benefiting from Switzerland's temperate climate and reliable power grid.

## Geopolitics

| Field | Value |
|-------|-------|
| Stability | very_stable |
| Sanctions | No |
| Corruption Index | 85/100 |
| Ease of Business | very_easy |
| Internet Freedom | free |
| Banking Access | open |

## Enforcement

No significant enforcement actions reported; jurisdiction actively encourages crypto business

## CBDC Status: exploring

---

*Data source: [Soken Crypto Legal Map](https://soken.io/crypto-map/). Last reviewed: 2026-04-13.*

**Sources:**
- [FINMA](https://www.finma.ch)
- [Swiss Federal Council - DLT Act](https://www.fedlex.admin.ch)