Quiz — Crypto Business in Switzerland

Question 1 of 10

According to FINMA's 2018 ICO Guidelines, which token type requires full Swiss securities law compliance?

A Payment token

B Utility token (functional)

C Asset token

D DLT infrastructure token

Question 2 of 10

Switzerland's DLT Act (Blockchain Act) entered into force in:

A January 2019

B March 2020

C August 2021

D January 2024

Question 3 of 10

What legal concept did the DLT Act create for tokenized securities?

A Digital certificates

B Registerwerterechte (DLT registry rights)

C Kryptowertpapiere

D e-Securities

Question 4 of 10

Which SRO is most commonly used by Swiss crypto and VASP companies?

A FINMA direct

B PolyReg

C Swiss Banking Association

D BankClear

Question 5 of 10

For Swiss private individuals, capital gains on crypto held as private wealth are taxed at:

A 8.5% federal

B Progressive to 40%

C 0% — exempt

D 11.91% standard rate

Question 6 of 10

In the Foundation + OpCo structure, the OpCo GmbH typically handles:

A Token issuance

B Protocol governance

C Employment and development services

D Community grants

Question 7 of 10

Under AMLA travel rule, Swiss VASPs must include originator/beneficiary data for transfers above:

A CHF 100

B CHF 500

C CHF 1,000

D CHF 10,000

Question 8 of 10

What is the FINMA no-action process for crypto called?

A License application

B Gesuch um Auskunft (guidance request)

C VASP registration

D SRO referral

Question 9 of 10

Utility token sale proceeds should be accounted for as:

A Immediate revenue

B Share premium

C Deferred revenue liability until service delivered

D Foundation endowment

Question 10 of 10

DLT Act bankruptcy segregation means:

A Crypto company bankruptcy is prevented

B Client crypto assets are protected from custodian's bankruptcy

C Foundation assets are separate from OpCo

D Smart contracts are legally binding

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