BTC $67,993.00 (+0.21%)
ETH $1,966.97 (+0.33%)
XRP $1.43 (+1.07%)
BNB $627.17 (+2.55%)
SOL $84.55 (+1.15%)
TRX $0.29 (+0.71%)
DOGE $0.10 (+1.63%)
BCH $565.64 (+1.73%)
ADA $0.28 (+3.07%)
LEO $8.57 (-0.09%)
HYPE $30.27 (+4.26%)
LINK $8.90 (+2.54%)
XMR $331.78 (-1.68%)
CC $0.16 (+1.88%)
XLM $0.16 (+0.96%)
RAIN $0.01 (-2.68%)
ZEC $263.04 (+0.53%)
HBAR $0.10 (+0.49%)
LTC $55.44 (+3.38%)
AVAX $9.18 (-0.60%)

Switzerland vs Qatar

Crypto regulation comparison

← Back to map | Switzerland | Qatar
Switzerland

Switzerland

Qatar

Qatar

Legal
Restricted

Switzerland is one of the world's most crypto-friendly jurisdictions. The Canton of Zug is known as 'Crypto Valley' and hosts the Ethereum Foundation and hundreds of blockchain companies. FINMA provides clear regulatory guidance, and the DLT Act (2021) created a legal framework for tokenized securities and crypto exchanges. Individual investors pay no capital gains tax on crypto, though it is included in the cantonal wealth tax base. Professional traders may be subject to income tax.

Qatar has a restrictive stance on cryptocurrency. The Qatar Central Bank banned crypto trading and services in 2018, and the QFC Regulatory Authority (QFCRA) prohibits virtual asset services within the Qatar Financial Centre. However, Qatar has shown interest in blockchain technology for non-crypto applications and is exploring a potential CBDC. The Qatar Financial Centre issued a Digital Assets Framework in 2024 focused on tokenized real-world assets, not cryptocurrencies.

Tax Type Wealth
Tax Type None
Tax Rate 0% capital gains (individuals); wealth tax varies by canton
Tax Rate 0%
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining No No
Regulator FINMA (Swiss Financial Market Supervisory Authority)
Regulator QCB (Qatar Central Bank), QFCRA
Stablecoin Rules Regulated under FINMA framework; fiat-pegged stablecoin issuers must hold a banking or fintech licence (reserves treated as public deposits), or a payment system licence under FMIA if structured as financial market infrastructure
Stablecoin Rules Not permitted under current QCB regulations
Key Points
  • No capital gains tax on crypto for individual investors (private wealth management)
  • Crypto included in cantonal wealth tax base (rates vary by canton, typically 0.1-1%)
  • Professional/frequent traders may be classified as self-employed and taxed on income
  • FINMA regulates crypto under existing financial market laws and the 2021 DLT Act
  • DLT Act (2021) introduced DLT trading facility license and legal framework for tokenized assets
Key Points
  • QFCRA prohibited authorized firms from providing virtual asset services (2019 alert, reaffirmed 2024)
  • QFCRA prohibits virtual asset services within the Qatar Financial Centre
  • QFC introduced a 2024 Digital Assets Framework for tokenized securities (not crypto)
  • No personal income or capital gains tax in Qatar (but crypto trading is banned)
  • Qatar exploring blockchain and CBDC applications separate from crypto
Sources
Sources