How is cryptocurrency taxed in Switzerland?

Cryptocurrency is taxable in Switzerland, but how it is taxed depends on your activity. Crypto assets are generally treated as part of your private wealth and must be declared for Swiss wealth tax purposes based on their value on 31 December. If you qualify as a private investor, capital gains are usually tax-free. However, mining, staking and other crypto income are generally taxable as income, and professional trading may also result in income tax.