Crypto projects prepare to battle for privacy in Switzerland

Date: 2025-04-28

Switzerland has long been seen as a beacon of privacy where companies, organizations and wealthy people put down roots in an effort to avoid the prying eyes of the rest of the world. Joining this cohort are many Web3 projects, which also appreciate the Swiss government’s generally positive stance toward blockchain and digital assets.The country’s reputation as a privacy haven has resulted in Switzerland becoming a hub for privacy projects establishing their foundations or development entities there, including Nym, Session and Hopr — joining traditional privacy software companies such as Proton and Threema.Now, a proposed change to a Swiss surveillance ordinance is worrying these same projects, as it would spell a marked increase in the gove...

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