Swiss and co. Crypto Cash out and now?

[denniz07]

It's just a joke. Getting rejected or getting pending answers from each bank. Having the‌ complete trading history and even tax reports.

For everyone who is thinking about Swiss and‍ trading. Maybe better to stay away.
Today got rejections from Lombardier Odier and BNP Paribas⁠ (ok not a swiss one).
Some banks say that onboarding will take a few months.⁤ That is just crazy. You are treated like a criminal.

 

[Lamb75]

If you are a taxpayer in Switzerland you should get in touch with the Swiss‌ crypto valley (in Zug I think). There you should get names of banks which would‍ accept your money. There is also Bank Frick in Liechtenstein which is crypto-friendly.

 

[denniz07]

I was there. Yes, there are 'crypto banks', but it doesn't make⁤ sense to keep the money at this kind of bank. They don't offer ETF's are⁣ very expensive and you can't move your money.
Especially after what happened to FTX you⁢ don't want to keep your money in such a bank. All the big names just︀ refuse.

Maybe will just leave Europe/Switzerland if they have so many issues with "crypto", although︁ they are very happy to collect taxes.