The Swiss Financial Market Supervisory Authority (FINMA) has published updated anti-money laundering (AML) regulations specifically addressing virtual assets and cryptocurrency operations. The revised regulations, effective from September 2025, bring Switzerland fully in line with Financial Action Task Force (FATF) recommendations and introduce enhanced due diligence requirements for virtual asset service providers.
Key provisions include mandatory verification for crypto wallet ownership, enhanced transaction monitoring thresholds, and new reporting requirements for transactions exceeding CHF 10,000. The regulations also formalize the "travel rule" implementation for cryptocurrency transfers, requiring complete originator and beneficiary information for all transactions.
CGASwiss provides comprehensive support for virtual asset businesses adapting to these regulations. Our services include compliance gap analysis, AML program development, staff training, and implementation of technical solutions for wallet verification and transaction monitoring. Through these offerings, we enable crypto businesses to maintain compliant operations while preserving the innovation that makes Switzerland a leading jurisdiction for distributed ledger technology.