After Zug and Chiasso, it is Zermatt’s turn to accept payment in Bitcoin. Taxpayers are indeed officially authorised to pay their taxes in Bitcoin, following an announcement made on 28 January. To make the process easier for its residents, the municipality has teamed up with Bitcoin Suisse, the leading regulated financial intermediary in Switzerland for cryptocurrency-related services.
The procedure is simple. Taxpayers will first have to submit a request to the Zermatt tax office. They will then be given access to an online payment solution that allows Bitcoins to be transferred directly from their wallet. The installation of a physical terminal at Zermatt town hall is also planned to facilitate payments. Through the development of crypto and blockchain projects, Switzerland created more than 1,000 jobs in 2019.