Is cryptocurrency allowed in Switzerland? Swiss Cryptocurrency and Cryptocurrency Exchange Regulation
Cryptocurrency exchanges are legal in Switzerland, so long as the exchange has obtained a license from FINMA to operate – and are therefore also regulated by FINMA.
Is crypto taxed in Switzerland? Yes. Crypto is taxed in Switzerland under the Wealth Tax system. You may need to report specific crypto transactions as part of your annual tax return.
Is it legal to buy bitcoin in Switzerland? Legal. Bitcoin and cryptocurrencies are legal to hold and trade in Switzerland.
How do I cash out my crypto in Switzerland? You may sell your cryptocurrency by converting to fiat currencies (e.g BTC to CHF) or converting to other cryptocurrencies (e.g BTC to ETH). Broker exchanges, peer-to-peer platforms, a Bitcoin ATM near you or licensed Swiss Banks are your best options to sell your crypto assets.