Eternity Law International — Crypto licenses for sale — License for a cryptocurrency company in Switzerland

License for a cryptocurrency company in Switzerland

Published:
December 19, 2019

License for cryptocurrency companies in Switzerland. Switzerland is considered to be the world leader in financial transactions.

The country’s leadership pays attention to reforming legislation, based on the situation with the development of the cryptocurrency business and blockchain. In 2014, non-fiat currencies were granted legal status.

Cryptocurrencies have been recognized as a digital expression of value, such a monetary value can be bought and sold through Internet channels. This event was recorded in the report of the Federal Council of the country. So, cryptocurrencies were officially recognized as assets.

This was the basis for licensing the online money industry. The first license was issued in 2017. The exchanger received the status of an intermediary DSFI, which gave it the right to serve qualified investors.

Crypto exchangers and ICOs now have the opportunity to pool funds. The functional responsibilities of the FINMA regulator have also expanded.

It monitors the activities of organizations whose work is related to non-fiat funds, warns of possible risks, prevents the emergence of unauthorized business models, and fights against fraud.

The legalization of the crypto business is carried out by the Financial Market Supervisory Authority. Corresponding amendments were also made to the Banking Regulations. In 2018, government regulation in the field of online currencies moved to a new level.

The State Secretariat for International Finance has created a working group for direct cooperation with FINMA. Under the new rules, firms that use blockchain and exchange technologies to a limited extent will not be verified by official bodies.

Exchanges that are not licensed to conduct cryptocurrency transactions must comply with generally accepted regulations.

Duties of Swiss exchangers

Companies whose activity consists in conducting ICO operations, in trading cryptocurrency in any form, must work in accordance with the established rules:

  1. fight against money laundering: legal entities dealing with deposit assets must follow this law – identity verification and authentication of the buyer and sender of funds are required;
  2. counter terrorism and comply with all accepted CFT rules;
  3. ensure the complete safety of client funds in order to inspire confidence – this is prescribed by the European KYC regulations;
  4. conduct a correct tax policy – crypto funds are considered foreign currency. Obtaining a license to conduct transactions with non-fiat funds implies timely payment of taxes on a general basis. Capital gains are not taxed.

Our specialists will provide support in the legalization of crypto business in accordance with Swiss law.

Please do not hesitate to join our telegram channel to keep up to date with new offers for ready-made companies for sale.

Every day we have a new jurisdiction to offer a turnkey solution! We work all over the world.

You could be interested

The financial company in Hong Kong for sale

Company registration year – 2016 Year of license for Money Service Operator – 2017 The license allows the transfer of money and the exchange of money and the opening of an account online Real office with representatives in Hong Kong and Moscow The SWIFT BIC code is active and published in the SWIFT directory Corresponding...

SPI in CZ Republic for sale

Here is presented Company with SPI license in Czech Republic for sale. Overview of SPI in CZ Republic for sale This VAT company has been operating on the market for almost 10 years. It comes with P2P platform. Huge and strong client base is included into price. Company stays profitable for last recent years. Accounts are...

Asset management company in Latvia for sale

Below you can see the basic information regarding the asset management company in Latvia for sale Asset management company in Latvia – whats included: Asset management company in Latvia; License was issued by Central Bank of Latvia; Company was incorporated in 2016; Opened bank account in Industra Bank, Latvia; The company has a turnover approx....

Bank in the USA for sale

OFFERED: Bank in the USA for sale Description of the US bank for sale Operating for more than 20 years. SWIFT membership, VISA, MC membership; Specialize in retail banking; Software solution in place. Price of the bank in the USA for sale: on a request. Details: e-mail: nick.b@eternitylaw.com / Telegram: @beihuln NOTE: to receive the...

United Kingdom SPI for sale

SPI in UK for sale was registered in 2016. Purchase United Kingdom SPI for sale! Bank accounts are in  GBP, EUR and USD. Also it possesses cash collections account. App with Payment Gateway is in place. Authorizations of SPI in UK for sale: 1– money remittance. 2- services enabling cash to be placed on a...

AEMI in United Kingdom for sale

It is showed that we have for sale authorised e-money institution in the UK. AEMI in UK for sale manages its activities through virtual money issued by its, in exchange for the funds received from its customers. FCA-regulated AEMI in UK for sale Detailed offer: 1. Licensed company (Authorized Electronic Money Institution) 2. No history,...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Ready-made companies for sale

Companies with a bank account around the world

Banks for sale

Established Banks for sale

Ready-made licenses for sale

Forex, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Licensing

Forex licenses, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Offshore company registration

Expert advice on the acquisition of an offshore company

Open a bank account

Open bank accounts in more than 120 banks around the world
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof
+41 435 50 73 23

Kyiv

Baseina street, 7
+38 094 712 03 54

London

Grosvenor Gardens, 52
+44 203 868 34 37

Washington

1629 K St. Suite 300 N.W.
+1 (888) 647 05 40 Toll Free

Vilnius

Gediminas Avenue, 44A
+370 52 11 14 32

Tallinn

Kesklinna linnaosa, Tuukri 19
+372 880 41 85

Edinburgh

Lochrin Square, 1
+44 203 868 34 37

Nicosia

Jacovides Tower, 5 floor
+371 665 550 51

Riga

Esplanade, 7 floor
+371 665 550 51

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai
800938622 Toll Free

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard
+6531594300

Sydney

20 Martin Place
+61 2 888 00 365

Porto

2609 Avenida da Boavista
+351 800 500 206 Toll Free

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7
+995706070360