- Switzerland plans to automatically share crypto asset data with 74 partner countries starting January 1, 2026.
- The legislative bill includes the United Kingdom and all European Union members, but excludes the United States, Saudi Arabia, and China.
- First data exchanges are expected to happen in 2027, following a review of partner nations’ compliance with standards.
- The new rules require partner countries to meet the OECD’s Crypto-Asset Reporting Framework (CARF) standards.
- Switzerland aims to strengthen financial sector transparency and comply with international tax rules through this system.
The Swiss government is moving ahead with a plan to automatically share information about crypto assets with 74 partner countries, including the United Kingdom and all members of the European Union. The Federal Council adopted a bill on June 6, aiming to launch this system on January 1, 2026, as part of efforts to increase tax transparency and cooperation.
The bill will enable Switzerland to join an automatic exchange of information (AEOI) program specifically for crypto assets. According to the official announcement, the plan covers data sharing with most Group of Twenty (G20) countries, but will not include the United States, Saudi Arabia, or China, as highlighted by a post from the Swiss Federal Government on the X platform.
The Federal Council expects the first exchange of crypto asset data to take place in 2027. Before exchanging data, the government will review whether other participating countries still fulfill the required standards. The review mechanism used for financial account information will be updated to include crypto assets if Parliament approves the bill.
The plan is based on the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting Framework, which sets rules for information sharing about crypto-related holdings. The Federal Council stated, “An AEOI should only take place if the partner states are interested in exchanging information with Switzerland." Further, partner countries must meet CARF requirements for participation.
According to the Council, the EU will use the AEOI program as part of its eighth update to the Directive on Administrative Cooperation, or DAC 8, ensuring all EU member states align with OECD standards. Until full implementation, Swiss crypto service providers will report directly to EU states.
The Council stated that this step will help Switzerland maintain its commitments to tax transparency, strengthen the country’s financial reputation, and provide equal conditions for local crypto businesses. For further details, visit the official Swiss government announcement and the document regarding AEOI approval.
The bill is currently under discussion in Parliament, and if passed, Switzerland will start sharing data from 2026. The first crypto asset data exchange with partner countries is expected to take place in 2027.
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