Is Monero legal in Switzerland?
Legal to own and trade, with no privacy-coin-specific rule; access depends on individual providers.
| Owning XMR | Legal |
|---|---|
| Local exchanges | Limited |
| National rule | No specific rule on privacy coins |
| Regulator | FINMA; MROS |
| Last reviewed | 25 October 2026 |
The legal situation in Switzerland
Switzerland is outside the EU and EEA, so neither MiCA nor the EU AML Regulation's 2027 rule on anonymity-enhancing coins applies directly. No Swiss law prohibits holding or trading Monero. Kraken's EEA delisting did not cover Swiss clients, though venue availability changes and should be checked. Swiss AML rules (FINMA, travel rule) still apply to regulated providers.
Key facts
- 2018-12: Swiss operator Bity enabled XMR purchases at its crypto ATMs.
- 2024-10-31: Kraken's XMR delisting applied to the EEA, which does not include Switzerland.
- Tax: Private investors pay no capital gains tax on crypto, but holdings are subject to cantonal wealth tax (about 0.3% to 1%); professional traders are taxed on gains as income.
What this means for you
Owning Monero and keeping it in your own wallet is legal as far as we could find. Pick a wallet from our best Monero wallets list, read how to buy Monero, and keep records for tax.
Sources
cointelegraph.com, en.cryptonomist.ch, lcx.com, spark.money.
Sources are listed by publisher so you can look them up yourself; we do not link out.
General information, not legal or tax advice. Check the regulator's own website before acting.
Frequently asked questions
Is Monero legal in Switzerland?
Legal to own and trade, with no privacy-coin-specific rule; access depends on individual providers.
Can I buy Monero on a local exchange in Switzerland?
Only in limited ways: few or no licensed local exchanges list XMR.