Switzerland recognizes that Blockchain and cryptocurrencies have considerable potential for innovation and enhanced efficiency both in the financial sector and in other sectors of the economy. Funds raised from TGEs/ICOs/STOs, speculative cryptocurrency investments or from mining successes are increasingly growing, together with the popularity of cryptocurrencies. Clearly, Blockchain companies as well as private crypto-investors are an interesting new client segment for Swiss banks. As Switzerland becomes an attractive hub for Blockchain startups, a growing number of these pay bills, salaries and social security fees using FIAT currency, which requires a bank account with a Swiss bank. While some banks are still hesitant, others are already onboarding cryptocurrency clients under the condition that strict legal and regulatory requirements are fully complied with.