Mixers targeted
Switzerland
No Swiss rule bars privacy coins, but Zurich police and prosecutors, with German authorities, shut down the Cryptomixer mixing service in November 2025.
The rule
- Exchange listing
- Allowed
- Holding by individuals
- Allowed
- Mixers
- Sanctioned or prosecuted
- Self-hosted wallets
- Ownership proof
- Confidence
- Confirmed
Dates: the rule on self-hosted wallets since 26 Aug 2019.
No Swiss statute or FINMA rule found in this review bars holding privacy coins or listing them. FINMA Guidance 02/2019 of 26 August 2019 applies Article 10 AMLO-FINMA, which requires information on the client and the beneficiary to travel with payment orders, to blockchain transfers, so until a supervised firm can exchange that information it may only send to or receive from external wallets proven to belong to its own customers or to third parties it has identified. From 24 to 28 November 2025, Zurich City Police, Zurich Cantonal Police and the Public Prosecutor's Office Zurich, working with Germany's Federal Criminal Police Office and Frankfurt prosecutors and supported by Europol and Eurojust, took down the Cryptomixer mixing service, which Europol said was suspected of facilitating cybercrime and money laundering, seizing three servers in Switzerland, the cryptomixer.io domain and more than EUR 25 million in Bitcoin.
Instrument: Zurich police and Public Prosecutor's Office takedown of Cryptomixer (24 to 28 November 2025); FINMA Guidance 02/2019
Sources
Self-hosted wallets
Ownership proof since 26 Aug 2019
Under FINMA Guidance 02/2019, a Swiss supervised firm that cannot send and receive travel rule information may transfer to or from an external wallet only if the wallet belongs to its own customer, or to a third party it has identified, and ownership is proven using suitable technical means.
FINMA Guidance 02/2019 of 26 August 2019 applies Article 10 AMLO-FINMA, which requires client and beneficiary information to travel with payment orders, to blockchain transfers and notes that, unlike the FATF standards, the article has no exception for payments involving unregulated wallets. A transfer to or from a third party's external wallet requires prior identification of the third party and its beneficial owner and proof of its ownership of the wallet, an exchange transaction involving an external wallet also requires proof of the customer's ownership, and no minimum amount is set. Article 14 of the anti-money laundering rules of the self-regulatory organisation VQF (version of 1 January 2025) sets the same conditions for its members, requiring the customer's control of an external wallet to be checked by suitable technical measures. As an example of practice, Dukascopy Bank lets a client register a withdrawal address only after a message-signing procedure, repeats the check every three months and for transfers above an unstated threshold, and may ask for a small unique micro-transaction for deposits from undeclared addresses.
Privacy coins and wallets: No FINMA rule found addresses privacy wallets or shielded addresses specifically; the ownership-proof requirement applies to every external wallet whatever the coin.
- FINMA Guidance 02/2019: Payments on the blockchain
- VQF Regulations on combating money laundering and terrorist financing (VQF Doc. No. 400.1.2, version of 1 January 2025), Article 14, copy hosted by the Centre de droit bancaire et financier (cdbf.ch)
- Address Verification (crypto deposit and withdrawal addresses)
Exchanges and their restrictions
The 14 exchanges on this site, with the 32 spot markets they list for the seven coins, as checked on 13 Oct 2026. The exchange data records where each listing is restricted as text, so this page quotes each passage that names Switzerland, and marks the cells it comes from. An exchange with no such passage has no restriction for Switzerland on record here, which does not mean that it is licensed there or open to its residents. A listing is not an endorsement.
Swipe the table sideways to see all seven coins.
| Exchange | ZECZcashSpot on 11, perp only on 1 | XMRMoneroSpot on 6, perp only on 3 | DCRDecredSpot on 6 | ZANOZanoSpot on 1 | ARRRPirate ChainSpot on 2 | XVGVergeSpot on 4, perp only on 3 | FIROFiroSpot on 2 |
|---|---|---|---|---|---|---|---|
| Binance | Restricted +perpApr 2025Shielded in: noShielded out: no | DelistedFeb 2024Perp only | RestrictedApr 2025 | Never listed | Never listed | Listed +perpWithdrawals frozen | DelistedApr 2025 |
| Coinbase | Listed +perpNov 2018Shielded in: yesShielded out: no | Never listed | Never listed | Never listed | Never listed | Never listed | Never listed |
| Kraken | Restricted +perpJun 2026Shielded in: unknownShielded out: no | Restricted +perpJun 2026 | RestrictedMay 2026 | Never listed | Never listed | Never listed | Never listed |
| OKX | Listed +perpNov 2025Shielded in: unknownShielded out: unknown | DelistedJan 2024 | DelistedJul 2024 | Never listed | Never listed | Never listed | Never listed |
| Bybit | DelistedFeb 2025Perp only | Never listedPerp only | DelistedNov 2024 | Never listed | Never listed | Never listedPerp only | Never listed |
| Bitget | Listed +perpDec 2025Shielded in: unknownShielded out: unknown | Never listedPerp only | Never listed | Never listed | Never listed | Never listedPerp only | Never listed |
| KuCoin | Listed +perpJul 2019Shielded in: unknownShielded out: no | Listed +perpMar 2019 | ListedSep 2018 | Never listed | DelistedSep 2023 | Never listedPerp only | Never listed |
| Gate | Listed +perpShielded in: unknownShielded out: unknown | Restricted +perp | Listed | Never listed | ListedWithdrawals frozen | Restricted | Restricted |
| HTX | Listed +perpDec 2022Shielded in: noShielded out: no | Listed +perpDec 2022 | ListedDec 2022 | Never listed | Never listed | ListedDec 2022 | DelistedSep 2025 |
| MEXC | Listed +perpShielded in: unknownShielded out: unknown | Listed +perp | Listed | ListedDec 2023 | ListedJan 2024 | Listed +perp | Listed |
| Gemini | RestrictedMay 2018Shielded in: yesShielded out: yes | Never listed | Never listed | Never listed | Never listed | Never listed | Never listed |
| Bitfinex | Listed +perpOct 2016Withdrawals frozenShielded in: unknownShielded out: unknown | ListedNov 2016 | DelistedMar 2022 | Never listed | Never listed | DelistedDec 2024 | Never listed |
| Crypto.com | Never listed | Never listed | Never listed | Never listed | Never listed | Never listed | Never listed |
| Upbit | DelistedSep 2019 | DelistedSep 2019 | DelistedDec 2020 | Never listed | Never listed | DelistedMay 2020 | DelistedMay 2020 |
Passages that name Switzerland
No passage of the exchange data names Switzerland.
Self-hosted wallets for the seven coins
The nine wallets on the Wallets page that hold at least one of the seven coins, with the coins and platforms each supports. The wallet data does not record where each wallet is offered, so this list is the same on every country page, and Switzerland's own rules, set out above, apply to their use. A listing is not an endorsement.