Regulation of the dynamic crypto market

Digital assets have already been around for many years, and institutional investors are now also investing in this innovative asset class. Unfortunately, however, the myth persists that digital assets can be easily misused for criminal activities and that this is primarily the case. Is this really so? Or are there already regulations in place to make this area safer? If so, are these regulations uniform and valid worldwide?

On Monday, 31 October 2022, Marc Jäggi, Head Moderation at Radio 1, sounded out two experts from our Legal & Compliance department, Andreas Fröhlicher and Monika Lüscher Mose, in this regard. Take a look, listen in and also find out why Switzerland is a pioneer in the area of crypto regulation and why it makes sense to hold your digital assets with a regulated bank. (only available in German)

Like all forms of payment, Bitcoin, for example, can also be abused for illegal activities. Compared to cash, however, illegal use is vanishingly small in scale. It is thought that illicit activities account for less than 1 percent of cryptocurrency transactions, while it is suspected that this figure is 10 times higher in the case of cash.

Andreas Fröhlicher, Head Legal & Compliance

Do you want to participate in the dynamic world of crypto? If so, take the necessary organisational precautions to ensure access to your digital assets as part of your succession arrangements! Custody of your digital assets with a regulated institution can be part of this planning.

Monika Lüscher Mose, Deputy Head Legal & Compliance

Would you like to participate in the dynamic crypto market with a manageable amount of assets? Ask your client advisor about our actively managed certificate and the focus module “Cryptocurrencies” of our innovative modular investment solution.

This video is intended for information and marketing purposes only, and is not geared to the conclusion of a contract. It only contains the investment policy of Maerki Baumann & Co. AG (hereinafter MBC) and an assessment of selected financial instruments. Consequently, this video does not constitute investment advice or a specific individual investment recommendation, and is not an offer for the purchase or sale of investment instruments. The question of whether to follow a recommendation from MBC is the sole responsibility of the investor, who assumes all the risks relating to his or her investment decisions, even if the decisions are based on a recommendation of MBC. Investments in any financial product should only be made after a thorough inspection of the most recent relevant legal documentation, taking into consideration any sales restrictions and risk factors mentioned.

This video contains statements and information from sources that MBC considers to be reliable. Although MBC has made every effort to ensure that the information in this video was correct at the time it was compiled, MBC can offer no undertaking or guarantee, either expressly or implicitly, regarding the correctness, reliability or completeness of the said information and opinions. Any opinions expressed in this video solely reflect those of MBC at the time of publication (subject to change). The information contained in this video may already have been used by MBC, its bodies or its employees prior to publishing. In addition, a relationship may exist or have existed between bodies or employees of MBC and companies mentioned in this video. The information and assessments contained herein may be changed at any time. MBC accepts no liability whatsoever for the content of this video. In particular, it accepts no liability for losses of any kind, whether direct, indirect or consequential, incurred as a result of using the information contained in this video and/or that could arise from the risks inherent in the financial markets.

Investors should note that past performance of an investment is no guarantee of future results, and that investments may increase or decrease in value, and the investor may be required to make additional payments for certain products. Moreover, investments denominated in foreign currencies are also subject to exchange rate fluctuations, which can affect their performance. The information in this video is in no way to be understood as an assurance of future performance. MBC does not provide any legal or tax advice. Before buying any of the financial instruments in this video, therefore, the investor must obtain independent legal or tax advice regarding the suitability of such investments, as tax treatment always depends on the personal circumstances and can change at any time. This video also covers a number of countries, which is why there is a risk that certain products may be suboptimal or even detrimental for an individual investor in terms of tax. Moreover, the information contained in this video on EU savings tax and transparency under German tax law may change at any time.

In accordance with the Federal Law on Banks and Savings Banks, in the event of bankruptcy of any Swiss bank all safe custody assets (securities, precious metals, etc.) can be segregated and deposits, particularly bank accounts up to CHF 100,000, protected by the Agreement by Swiss Banks and Securities Dealers on Deposit Insurance.

Editorial deadline: 31 October 2022

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