Switzerland
Retail_Trading_Status
- Analysis ID
- #441
- Version
- Latest
- Created
- 2025-06-26 13:09
- Run
- b733e029...
- History
- View all versions
- Workflow Stage
- Live
Executive Summary
In Switzerland, individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies, which are treated as assets or property rather than legal tender. The Swiss Financial Market Supervisory Authority (FINMA) is the primary regulator, emphasizing compliance with the Anti-Money Laundering Act (AMLA). Virtual Asset Service Providers (VASPs) must obtain licensing or authorization and adhere to stringent KYC/AML due diligence. Switzerland is also extending the automatic exchange of information to include crypto-assets with numerous other countries.
Key Pillars
The primary regulator is the Swiss Financial Market Supervisory Authority (FINMA), which oversees financial markets, including cryptocurrency activities. Core compliance requirements include adherence to the Anti-Money Laundering Act (AMLA) and Know Your Customer (KYC) due diligence processes. Virtual Asset Service Providers (VASPs) are required to obtain appropriate licensing or authorization and meet stringent regulatory standards.
Landmark Laws
Blockchain Act (came into full effect in August 2021): Clarified the legal basis for trading cryptocurrencies and integrated Distributed Ledger Technology (DLT) into Swiss law, amending existing laws to accommodate DLT-based assets and trading systems.
Considerations
Cryptocurrencies are treated as assets for wealth tax purposes and must be declared in annual tax returns. Capital gains from cryptocurrencies held as private wealth are generally tax-exempt for individuals who are not classified as professional traders; however, income derived from staking or mining can be subject to income tax. FINMA issues warnings regarding the risks associated with investing in crypto-assets, highlighting price volatility, cyber risks, and uncertainties regarding issuers.
Notes
Switzerland, particularly Zug (Crypto Valley), has been a hub for cryptocurrency and blockchain innovation. Switzerland is extending the automatic exchange of information (AEOI) for tax matters to include crypto-assets with 74 other countries based on the OECD's Crypto-Asset Reporting Framework (CARF); this is expected to come into force on January 1, 2026, with the first data exchanges anticipated in 2027. FINMA specified that for transactions involving the exchange of cryptocurrencies to cash or other anonymous means of payment, identity checks are required for amounts exceeding CHF 1,000.
Detailed Explanation
Detailed Explanation
Individual citizens and residents in Switzerland are legally permitted to buy, sell, and hold cryptocurrencies. The country treats digital assets as assets or property rather than legal tender. This approach allows retail trading of cryptocurrencies but subjects it to a regulatory framework, particularly concerning Anti-Money Laundering (AML) and Know Your Customer (KYC) obligations. The Swiss Financial Market Supervisory Authority (FINMA) is the primary regulator overseeing financial markets, including cryptocurrency activities. FINMA has issued guidelines and requirements for entities involved in cryptocurrency services, emphasizing compliance with AMLA (Anti-Money Laundering Act). Virtual Asset Service Providers (VASPs), including exchanges and custodian wallet providers, must obtain appropriate licensing or authorization and adhere to stringent due diligence processes. These obligations include identifying and verifying customers, clarifying the economic background and purpose of transactions, monitoring transactions, and reporting suspicious activities to the Money Laundering Reporting Office Switzerland (MROS). Historically, Switzerland, specifically Zug (Crypto Valley), has been a hub for cryptocurrency and blockchain innovation. The Swiss government and regulatory bodies have aimed to foster this innovation while ensuring financial market integrity and investor protection. The "Blockchain Act," which came into full effect in August 2021, clarified the legal basis for trading cryptocurrencies and integrated DLT (Distributed Ledger Technology) into Swiss law, amending existing laws to accommodate DLT-based assets and trading systems. For individual retail traders, this means that while they are free to engage with cryptocurrencies, the platforms they use (if operating in or from Switzerland) are subject to these regulations. This includes KYC procedures for opening accounts and AML checks for transactions. FINMA has specified that for transactions involving the exchange of cryptocurrencies to cash or other anonymous means of payment, identity checks are required for amounts exceeding CHF 1,000. Switzerland is extending the automatic exchange of information (AEOI) for tax matters to include crypto-assets with 74 other countries based on the OECD's Crypto-Asset Reporting Framework (CARF); this is expected to come into force on January 1, 2026, with the first data exchanges anticipated in 2027. FINMA also issues warnings regarding the risks associated with investing in crypto-assets, highlighting price volatility, cyber risks, and uncertainties regarding issuers. Cryptocurrencies are treated as assets for wealth tax purposes, and their value must be declared in annual tax returns. Capital gains from cryptocurrencies held as private wealth are generally tax-exempt for individuals who are not classified as professional traders; however, income derived from activities like staking or mining can be subject to income tax.
Summary Points
Retail Trading of Cryptocurrencies in Switzerland: Regulatory Overview (June 2025)
I. General Regulatory Status:
- Allowed-Regulated: Individual citizens and residents are legally permitted to buy, sell, and hold cryptocurrencies.
- Cryptocurrencies are treated as assets or property, not legal tender.
- Subject to a robust regulatory framework, particularly concerning AML and KYC.
II. Key Regulatory Bodies:
- FINMA (Swiss Financial Market Supervisory Authority):
- Primary regulator overseeing financial markets, including cryptocurrency activities.
- Issues guidelines and requirements for entities involved in cryptocurrency services.
- Requires Virtual Asset Service Providers (VASPs) to obtain licensing or authorization.
- Issues warnings regarding risks associated with investing in cryptoassets.
- MROS (Money Laundering Reporting Office Switzerland):
- Receives reports of suspicious activities related to money laundering.
- FTA (Swiss Federal Tax Administration):
- Provides guidance on the tax treatment of cryptocurrencies.
III. Important Legislation and Regulations:
- Anti-Money Laundering Act (AMLA):
- VASPs must comply with AMLA, including KYC and due diligence processes.
- Requires identifying and verifying customers.
- Requires clarifying the economic background and purpose of transactions.
- Requires monitoring transactions and reporting suspicious activities.
- Blockchain Act (Effective August 2021):
- Clarified the legal basis for trading cryptocurrencies.
- Integrated Distributed Ledger Technology (DLT) into Swiss law.
- Amended existing laws to accommodate DLT-based assets and trading systems.
- FINMA Anti-Money Laundering (AML) Ordinance (Revised November 2022):
- Prevents large payments from being split into smaller ones to avoid identity checks.
- Threshold of CHF 1,000 cannot be exceeded in linked transactions within 30 days for exchanges of virtual currencies to cash or other anonymous means of payment (e.g., ATMs).
- OECD's Crypto-Asset Reporting Framework (CARF):
- Switzerland approved a plan to extend the automatic exchange of information (AEOI) for tax matters to include crypto-assets with 74 other countries.
- Expected to come into force on January 1, 2026, with first data exchanges anticipated in 2027.
IV. Requirements for Compliance:
- For VASPs (Exchanges, Custodian Wallets, etc.):
- Licensing or authorization from FINMA.
- Stringent KYC procedures for opening accounts.
- Enhanced Due Diligence (EDD) with respect to AML and CFT.
- Compliance with AMLA.
- Joining a self-regulatory organization.
- For Retail Traders:
- KYC procedures when opening accounts on platforms operating in or from Switzerland.
- AML checks for transactions.
- Declaration of cryptocurrency holdings in annual tax returns.
V. Notable Restrictions or Limitations:
- Identity checks are required for transactions involving the exchange of cryptocurrencies to cash or other anonymous means of payment exceeding CHF 1,000.
- Measures must be in place to prevent splitting larger transactions to avoid the CHF 1,000 threshold.
VI. Taxation:
- Cryptocurrencies are treated as assets for wealth tax purposes.
- Capital gains from cryptocurrencies held as private wealth are generally tax-exempt for individuals who are not classified as professional traders.
- Income derived from activities like staking or mining can be subject to income tax.
VII. Recent Developments or Changes:
- June 2025: Switzerland approved a plan to extend the automatic exchange of information (AEOI) for tax matters to include crypto-assets with 74 other countries based on the OECD's CARF.
- February 2024: SIX Swiss Exchange published new rules for issuers of exchange traded products (ETPs) and derivatives with crypto-asset underlyings, aiming to protect investors.
- November 2022: Switzerland revised the FINMA Anti-Money Laundering (AML) ordinance, confirming that large payments must be prevented from being split into smaller ones as a means of avoiding identity checks under AML requirements.
Full Analysis Report
Full Analysis Report
Retail_Trading_Status: Switzerland
Report Date: 2025-06-26
Topic: Retail_Trading_Status
Description: Assess whether individual citizens and residents in the country are legally permitted to buy, sell, and hold cryptocurrencies. Detail the regulatory environment surrounding this activity (e.g., KYC/AML requirements imposed on platforms, general warnings issued).
Identified Status: Allowed-Regulated
Detailed Narrative Explanation:
Individual citizens and residents in Switzerland are legally permitted to buy, sell, and hold cryptocurrencies. The country has adopted a generally progressive and relatively clear stance on digital assets, treating them as assets or property rather than legal tender. This approach means that retail trading of cryptocurrencies is allowed, but it is subject to a robust regulatory framework, particularly concerning Anti-Money Laundering (AML) and Know Your Customer (KYC) obligations.
The Swiss Financial Market Supervisory Authority (FINMA) is the primary regulator overseeing financial markets, including activities related to cryptocurrencies. FINMA has issued guidelines and requirements for entities involved in cryptocurrency services, emphasizing compliance with AMLA (Anti-Money Laundering Act). Virtual Asset Service Providers (VASPs), including exchanges and custodian wallet providers, must obtain appropriate licensing or authorization and adhere to stringent due diligence processes. These obligations include identifying and verifying customers, clarifying the economic background and purpose of transactions, monitoring transactions, and reporting suspicious activities to the Money Laundering Reporting Office Switzerland (MROS).
Historically, Switzerland, particularly the region of Zug known as "Crypto Valley," has been a hub for cryptocurrency and blockchain innovation. The Swiss government and regulatory bodies have aimed to foster this innovation while ensuring financial market integrity and investor protection. The "Blockchain Act," which came into full effect in August 2021, further clarified the legal basis for trading cryptocurrencies and integrated DLT (Distributed Ledger Technology) into Swiss law. This legislation amended existing laws to accommodate DLT-based assets and trading systems.
For individual retail traders, this means that while they are free to engage with cryptocurrencies, the platforms they use (if operating in or from Switzerland) are subject to these regulations. This includes KYC procedures for opening accounts and AML checks for transactions. FINMA has specified that for transactions involving the exchange of cryptocurrencies to cash or other anonymous means of payment, identity checks are required for amounts exceeding CHF 1,000, and measures must be in place to prevent splitting larger transactions to avoid this threshold.
In terms of taxation, cryptocurrencies are treated as assets for wealth tax purposes, and their value must be declared in annual tax returns. Capital gains from cryptocurrencies held as private wealth are generally tax-exempt for individuals who are not classified as professional traders. However, income derived from activities like staking or mining can be subject to income tax. The Swiss Federal Tax Administration (FTA) provides guidance on the tax treatment of cryptocurrencies.
More recently, Switzerland has taken steps to enhance international cooperation on crypto-asset reporting. In June 2025, the Swiss Federal Council approved a plan to extend the automatic exchange of information (AEOI) for tax matters to include crypto-assets with 74 other countries, based on the OECD's Crypto-Asset Reporting Framework (CARF). This framework is expected to come into force on January 1, 2026, with the first data exchanges anticipated in 2027. This indicates a continued effort to integrate cryptocurrencies into the regulated financial system and ensure tax transparency.
FINMA also issues warnings regarding the risks associated with investing in cryptoassets, highlighting price volatility, cyber risks, and uncertainties regarding issuers, especially when dealing with unregulated service providers.
Specific, Relevant Text Excerpts:
- FINMA (May 1, 2022): "Switzerland has no financial market regulations covering the buying and selling of virtual cryptoassets or their use as a means of paying for goods and services. In other words, no special authorisation under financial market law is required for these activities. This applies to everyone who pays with cryptoassets or buys these as well as to all those who accept payments in cryptoassets."
- FINMA (May 1, 2022): "Because of the technology on which they are based, cryptoassets tend to facilitate quick and anonymous cross-border transfers. The trade in these assets therefore entails increased money laundering and terrorist financing risks. Accordingly, offering custody, exchange, trading and payment services with payment tokens falls under the Anti-Money Laundering Act. Providers of such business activities covered by the Anti- Money Laundering Act must join a self-regulatory organisation in advance."
- KYC Chain (June 30, 2022): "Virtual Asset Service Providers (VASPs) looking to be based in Switzerland are required to apply for a license from FINMA. In order to meet FINMA's requirements, VASPs need to carry out Enhanced Due Diligence (EDD) with respect to AML (Anti-Money Laundering) and CFT (Combatting the Financing of Terrorism). Stringent KYC (Know-Your-Customer) checks must be complied with in regards to the AMLA."
- Sumsub (December 29, 2022): "In early November 2022, Switzerland revised the FINMA Anti-Money Laundering (AML) ordinance, confirming that large payments must be prevented from being split into smaller ones as a means of avoiding identity checks under AML requirements. This means that a threshold of CHF 1000 (approx. $1,070) cannot be exceeded in linked transactions within thirty days. The new rule only applies to exchange transactions of virtual currencies to cash or other anonymous means of payment (i.e. ATMs)."
- Cointelegraph (September 15, 2023): "The country's financial regulatory authority, the Swiss Financial Market Supervisory Authority (FINMA), governs all matters regarding virtual currency regulation and other digital asset services like decentralized finance (DeFi). It deemed cryptocurrency exchanges incorporated in the country legal as long as they obtained the necessary license for operation."
- Koinly (November 2021, with updates for 2025): "The Swiss Federal Tax Administration (FTA) doesn't classify cryptocurrency as legal tender - like the Swiss Franc. Instead, they class crypto as an asset - specifically a crypto-based asset or kryptobasierte vermögenswerte. This classification means crypto is considered a private wealth asset - like a stock or a bond. For private investors in Switzerland - Capital Gains Tax does not apply to private wealth assets."
- TaxTMI (June 6, 2025): "The Swiss government said in a statement that its Federal Council on Friday adopted a dispatch approving the list of 74 partner states for the automatic exchange of information concerning crypto assets. In addition to India, the list includes all European Union member states, the UK and most G20 countries (except the US and Saudi Arabia). The AEOI is expected to come into force on January 1, 2026, after approval of a relevant bill in Parliament. The first exchange of data is expected to take place in 2027."
- PwC Switzerland (February 2024): "On 15 February 2024, SIX Swiss Exchange published new rules which are applicable to issuers of exchange traded products (ETPs) and derivatives with crypto-asset underlyings. The new rules aim to protect investors by defining new eligibility criteria for underlying crypto-assets, imposing requirements to disclose specific information in the prospectus, and by requiring that either the issuer, the guarantor or the custodian is prudentially supervised."
Direct, Accessible URL Links to Sources:
- FINMA - Cryptoassets Fact Sheet (May 1, 2022)
- KYC Chain - FINMA Regulations for Crypto Companies in Switzerland (June 30, 2022)
- Sumsub - Switzerland Crypto Regulation Guide—2023 (December 29, 2022)
- Cointelegraph - An overview of the cryptocurrency regulations in Switzerland (September 15, 2023)
- Koinly - Crypto Tax Switzerland: 2025 Guide
- TaxTMI - Switzerland plans info exchange on crypto assets with India, 73 other countries (June 6, 2025)
- PwC Switzerland - New rules for ETPs and derivatives with crypto-asset underlyings (February 2024)
- Blockchain & Cryptocurrency Laws and Regulations 2025 – Switzerland (ICLG - October 25, 2024)
- Deloitte - Swiss taxation of cryptocurrencies – Do withholding tax and stamp duties apply? (April 8, 2024)
- CMS Law - CMS Expert Guide to Crypto Regulation in Switzerland (September 15, 2023)
- Blockpit - Crypto Taxes 2025: Expert Guide to Filing Your Tax Return (Switzerland)
- RSM Switzerland - Cryptocurrencies for individuals
- PwC - A primer on cryptocurrency trading regulation in Switzerland
- Sanctions.io - Switzerland's Anti-Money Laundering Regulations: A 2025 Guide (March 3, 2025)
- CMS Law - Crypto Tax in Switzerland - Legislation & Tax Law (August 21, 2023)
- Kryptos.io - Switzerland Crypto Tax Guide 2025
- Shufti Pro - What You Need to Know About Switzerland's Crypto AML Rules by FINMA (September 30, 2021)
- Astra Law - How to Launch a Crypto Company in Switzerland: Licensing, Taxes & Token Compliance (April 18, 2025)
- CEX.IO - How to buy Crypto and Bitcoin in Switzerland
- Regulated United Europe - Crypto Regulation in Switzerland 2025
- Elliptic - Crypto regulatory affairs: Swiss regulator publishes guidance for stablecoin issuers and banks offering guarantees (August 8, 2024)
- Schellenberg Wittmer - Virtual Currency Regulation Review - Switzerland
- Bitcoin.com - Best Crypto Exchanges in Switzerland for 2025
- PwC Switzerland - FINMA Stablecoin guidance (July 29, 2024)
- Law360 - Switzerland Plans Tax Data Reporting For Crypto (June 6, 2025)
- TradingView News - Switzerland greenlights sharing crypto tax info with 74 nations (June 6, 2025)
- CMS Law-Now - Swiss Federal Council releases dispatch on implementation of OECD Crypto-Asset Reporting Framework (February 27, 2025)
## Retail_Trading_Status: Switzerland **Report Date:** 2025-06-26 **Topic:** Retail_Trading_Status **Description:** Assess whether individual citizens and residents in the country are legally permitted to buy, sell, and hold cryptocurrencies. Detail the regulatory environment surrounding this activity (e.g., KYC/AML requirements imposed on platforms, general warnings issued). **Identified Status:** Allowed-Regulated **Detailed Narrative Explanation:** Individual citizens and residents in Switzerland are legally permitted to buy, sell, and hold cryptocurrencies. The country has adopted a generally progressive and relatively clear stance on digital assets, treating them as assets or property rather than legal tender. This approach means that retail trading of cryptocurrencies is allowed, but it is subject to a robust regulatory framework, particularly concerning Anti-Money Laundering (AML) and Know Your Customer (KYC) obligations. The Swiss Financial Market Supervisory Authority (FINMA) is the primary regulator overseeing financial markets, including activities related to cryptocurrencies. FINMA has issued guidelines and requirements for entities involved in cryptocurrency services, emphasizing compliance with AMLA (Anti-Money Laundering Act). Virtual Asset Service Providers (VASPs), including exchanges and custodian wallet providers, must obtain appropriate licensing or authorization and adhere to stringent due diligence processes. These obligations include identifying and verifying customers, clarifying the economic background and purpose of transactions, monitoring transactions, and reporting suspicious activities to the Money Laundering Reporting Office Switzerland (MROS). Historically, Switzerland, particularly the region of Zug known as "Crypto Valley," has been a hub for cryptocurrency and blockchain innovation. The Swiss government and regulatory bodies have aimed to foster this innovation while ensuring financial market integrity and investor protection. The "Blockchain Act," which came into full effect in August 2021, further clarified the legal basis for trading cryptocurrencies and integrated DLT (Distributed Ledger Technology) into Swiss law. This legislation amended existing laws to accommodate DLT-based assets and trading systems. For individual retail traders, this means that while they are free to engage with cryptocurrencies, the platforms they use (if operating in or from Switzerland) are subject to these regulations. This includes KYC procedures for opening accounts and AML checks for transactions. FINMA has specified that for transactions involving the exchange of cryptocurrencies to cash or other anonymous means of payment, identity checks are required for amounts exceeding CHF 1,000, and measures must be in place to prevent splitting larger transactions to avoid this threshold. In terms of taxation, cryptocurrencies are treated as assets for wealth tax purposes, and their value must be declared in annual tax returns. Capital gains from cryptocurrencies held as private wealth are generally tax-exempt for individuals who are not classified as professional traders. However, income derived from activities like staking or mining can be subject to income tax. The Swiss Federal Tax Administration (FTA) provides guidance on the tax treatment of cryptocurrencies. More recently, Switzerland has taken steps to enhance international cooperation on crypto-asset reporting. In June 2025, the Swiss Federal Council approved a plan to extend the automatic exchange of information (AEOI) for tax matters to include crypto-assets with 74 other countries, based on the OECD's Crypto-Asset Reporting Framework (CARF). This framework is expected to come into force on January 1, 2026, with the first data exchanges anticipated in 2027. This indicates a continued effort to integrate cryptocurrencies into the regulated financial system and ensure tax transparency. FINMA also issues warnings regarding the risks associated with investing in cryptoassets, highlighting price volatility, cyber risks, and uncertainties regarding issuers, especially when dealing with unregulated service providers. **Specific, Relevant Text Excerpts:** * **FINMA (May 1, 2022):** "Switzerland has no financial market regulations covering the buying and selling of virtual cryptoassets or their use as a means of paying for goods and services. In other words, no special authorisation under financial market law is required for these activities. This applies to everyone who pays with cryptoassets or buys these as well as to all those who accept payments in cryptoassets." * **FINMA (May 1, 2022):** "Because of the technology on which they are based, cryptoassets tend to facilitate quick and anonymous cross-border transfers. The trade in these assets therefore entails increased money laundering and terrorist financing risks. Accordingly, offering custody, exchange, trading and payment services with payment tokens falls under the Anti-Money Laundering Act. Providers of such business activities covered by the Anti- Money Laundering Act must join a self-regulatory organisation in advance." * **KYC Chain (June 30, 2022):** "Virtual Asset Service Providers (VASPs) looking to be based in Switzerland are required to apply for a license from FINMA. In order to meet FINMA's requirements, VASPs need to carry out Enhanced Due Diligence (EDD) with respect to AML (Anti-Money Laundering) and CFT (Combatting the Financing of Terrorism). Stringent KYC (Know-Your-Customer) checks must be complied with in regards to the AMLA." * **Sumsub (December 29, 2022):** "In early November 2022, Switzerland revised the FINMA Anti-Money Laundering (AML) ordinance, confirming that large payments must be prevented from being split into smaller ones as a means of avoiding identity checks under AML requirements. This means that a threshold of CHF 1000 (approx. $1,070) cannot be exceeded in linked transactions within thirty days. The new rule only applies to exchange transactions of virtual currencies to cash or other anonymous means of payment (i.e. ATMs)." * **Cointelegraph (September 15, 2023):** "The country's financial regulatory authority, the Swiss Financial Market Supervisory Authority (FINMA), governs all matters regarding virtual currency regulation and other digital asset services like decentralized finance (DeFi). It deemed cryptocurrency exchanges incorporated in the country legal as long as they obtained the necessary license for operation." * **Koinly (November 2021, with updates for 2025):** "The Swiss Federal Tax Administration (FTA) doesn't classify cryptocurrency as legal tender - like the Swiss Franc. Instead, they class crypto as an asset - specifically a crypto-based asset or kryptobasierte vermögenswerte. This classification means crypto is considered a private wealth asset - like a stock or a bond. For private investors in Switzerland - Capital Gains Tax does not apply to private wealth assets." * **TaxTMI (June 6, 2025):** "The Swiss government said in a statement that its Federal Council on Friday adopted a dispatch approving the list of 74 partner states for the automatic exchange of information concerning crypto assets. In addition to India, the list includes all European Union member states, the UK and most G20 countries (except the US and Saudi Arabia). The AEOI is expected to come into force on January 1, 2026, after approval of a relevant bill in Parliament. The first exchange of data is expected to take place in 2027." * **PwC Switzerland (February 2024):** "On 15 February 2024, SIX Swiss Exchange published new rules which are applicable to issuers of exchange traded products (ETPs) and derivatives with crypto-asset underlyings. The new rules aim to protect investors by defining new eligibility criteria for underlying crypto-assets, imposing requirements to disclose specific information in the prospectus, and by requiring that either the issuer, the guarantor or the custodian is prudentially supervised." **Direct, Accessible URL Links to Sources:** * [FINMA - Cryptoassets Fact Sheet (May 1, 2022)](https://www.finma.ch/en/~/media/finma/dokumente/dokumentencenter/myfinma/faktenblaetter/fb-kryptoassets.pdf?sc_lang=en) * [KYC Chain - FINMA Regulations for Crypto Companies in Switzerland (June 30, 2022)](https://kyc-chain.com/finma-regulations-for-crypto-companies-in-switzerland/) * [Sumsub - Switzerland Crypto Regulation Guide—2023 (December 29, 2022)](https://sumsub.com/helsinki/switzerland-crypto-regulation-guide/) * [Cointelegraph - An overview of the cryptocurrency regulations in Switzerland (September 15, 2023)](https://cointelegraph.com/learn/an-overview-of-the-cryptocurrency-regulations-in-switzerland) * [Koinly - Crypto Tax Switzerland: 2025 Guide](https://koinly.io/guides/crypto-tax-switzerland/) * [TaxTMI - Switzerland plans info exchange on crypto assets with India, 73 other countries (June 6, 2025)](https://taxtmi.com/news/20250606101007/switzerland-plans-info-exchange-on-crypto-assets-with-india-73-other-countries) * [PwC Switzerland - New rules for ETPs and derivatives with crypto-asset underlyings (February 2024)](https://www.pwc.ch/en/insights/regulation/new-rules-for-etps-and-derivatives-with-crypto-asset-underlyings.html) * [Blockchain & Cryptocurrency Laws and Regulations 2025 – Switzerland (ICLG - October 25, 2024)](https://iclg.com/practice-areas/blockchain-laws-and-regulations/switzerland) * [Deloitte - Swiss taxation of cryptocurrencies – Do withholding tax and stamp duties apply? (April 8, 2024)](https://www2.deloitte.com/ch/en/blog/tax/2024/swiss-taxation-of-cryptocurrencies-do-withholding-tax-and-stamp-duties-apply.html) * [CMS Law - CMS Expert Guide to Crypto Regulation in Switzerland (September 15, 2023)](https://cms.law/en/int/expert-guides/cms-expert-guide-to-crypto-regulation/switzerland) * [Blockpit - Crypto Taxes 2025: Expert Guide to Filing Your Tax Return (Switzerland)](https://blockpit.io/en/crypto-tax-guide/switzerland/) * [RSM Switzerland - Cryptocurrencies for individuals](https://www.rsm.global/switzerland/insights/tax-insights/cryptocurrencies-individuals) * [PwC - A primer on cryptocurrency trading regulation in Switzerland](https://www.pwc.ch/en/publications/2018/A_primer_on_cryptocurrency_trading_regulation_in_Switzerland_local.pdf) * [Sanctions.io - Switzerland's Anti-Money Laundering Regulations: A 2025 Guide (March 3, 2025)](https://sanctions.io/blog/switzerland-anti-money-laundering-regulations/) * [CMS Law - Crypto Tax in Switzerland - Legislation & Tax Law (August 21, 2023)](https://cms.law/en/int/expert-guides/cms-expert-guide-to-the-taxation-of-crypto-assets/switzerland) * [Kryptos.io - Switzerland Crypto Tax Guide 2025](https://kryptos.io/guides/switzerland-crypto-tax-guide/) * [Shufti Pro - What You Need to Know About Switzerland's Crypto AML Rules by FINMA (September 30, 2021)](https://shuftipro.com/blog/switzerland-crypto-aml-rules-finma/) * [Astra Law - How to Launch a Crypto Company in Switzerland: Licensing, Taxes & Token Compliance (April 18, 2025)](https://astralaw.ch/how-to-launch-a-crypto-company-in-switzerland-licensing-taxes-token-compliance/) * [CEX.IO - How to buy Crypto and Bitcoin in Switzerland](https://cex.io/how-to-buy-crypto/switzerland) * [Regulated United Europe - Crypto Regulation in Switzerland 2025](https://rue.ee/en/news/fintech/crypto-regulation-in-switzerland-2022) * [Elliptic - Crypto regulatory affairs: Swiss regulator publishes guidance for stablecoin issuers and banks offering guarantees (August 8, 2024)](https://www.elliptic.co/blog/crypto-regulatory-affairs-swiss-regulator-publishes-guidance-for-stablecoin-issuers-and-banks-offering-guarantees) * [Schellenberg Wittmer - Virtual Currency Regulation Review - Switzerland](https://www.schellenbergwittmer.com/insights/virtual-currency-regulation-review-switzerland/) * [Bitcoin.com - Best Crypto Exchanges in Switzerland for 2025](https://www.bitcoin.com/get-started/best-crypto-exchanges-switzerland/) * [PwC Switzerland - FINMA Stablecoin guidance (July 29, 2024)](https://www.pwc.ch/en/insights/regulation/finma-stablecoin-guidance.html) * [Law360 - Switzerland Plans Tax Data Reporting For Crypto (June 6, 2025)](https://www.law360.com/articles/1845200/switzerland-plans-tax-data-reporting-for-crypto) * [TradingView News - Switzerland greenlights sharing crypto tax info with 74 nations (June 6, 2025)](https://www.tradingview.com/news/cointelegraph:c6872588a0943:0-switzerland-greenlights-sharing-crypto-tax-info-with-74-nations/) * [CMS Law-Now - Swiss Federal Council releases dispatch on implementation of OECD Crypto-Asset Reporting Framework (February 27, 2025)](https://www.cms-lawnow.com/ealerts/2025/02/swiss-federal-council-releases-dispatch-on-implementation-of-oecd-crypto-asset-reporting-framework)
Web Sources (27)
Sources discovered via web search grounding
Search queries used (7)
- retail cryptocurrency trading regulations Switzerland
- FINMA cryptocurrency regulations
- Swiss law on cryptocurrency trading for individuals
- KYC/AML requirements for crypto exchanges in Switzerland
- Are Swiss citizens allowed to buy and sell cryptocurrencies?
- Taxation of cryptocurrency in Switzerland for individuals
- Official statements from Swiss government on retail crypto trading