The Swiss SRO model allows cryptocurrency companies to complete compliance admission within 2 to 4 months
Switzerland provides a regulatory path for anti-money laundering for crypto businesses through the Self-Regulatory Organization (SRO) model. Smaller crypto exchanges, brokers, and custodial wallet providers join the SRO under the framework authorized by the Swiss Financial Market Supervisory Authority (FINMA), which reviews their anti-money laundering control measures.When crypto businesses engage in financial intermediation activities such as token exchange, customer wallet custody, or payment token issuance in Switzerland, they must obtain a full license from FINMA or join an SRO. VQF, PolyReg, ARIF, and SO-FIT are responsible for supervising most crypto activities, and the review is usually completed within 2 to 4 months after the company submits its business plan, organizational structure, and anti-money laundering procedures.PolyReg, VQF, ARIF, and SO-FIT have jointly raised the minimum regulatory standards for virtual asset service providers at the beginning of 2026, covering transaction monitoring, blockchain analysis, and technical controls. The Swiss Federal Council initiated a consultation on new licensing categories for crypto custody, trading infrastructure, and payment tool issuance under the Financial Institutions Act at the end of 2025.