Crypto AML

Switzerland's AMLA and Crypto: Anti-Money Laundering Obligations for DLT Businesses

Switzerland's Anti-Money Laundering Act (AMLA/GwG) applies to crypto and DLT businesses with the same force it applies to banks. Any person who professionally accepts or holds third-party assets — including cryptocurrency — is a financial intermediary under Swiss law, subject to due diligence, suspicious activity reporting, and Travel Rule obligations that carry criminal penalties for non-compliance.