Switzerland has passed a bill that will automatically share cryptocurrency-related tax data with 74 partner countries. This is a historic decision that will change how crypto taxes are handled around the world. This change is a big step away from the country’s traditional banking secrecy and is in line with efforts around the world to make finances more open.
The Swiss Federal Council passed a law on June 6, 2025, that allows for the automatic exchange of information (AEOI) about crypto assets. Starting on January 1, 2026, this program will require Swiss crypto service providers to gather and send client information to the Federal Tax Administration. The first time partner countries will share information is expected to be in 2027.
The Federal Council has adopted a bill to enable the automatic exchange of cryptoasset information with 74 partners, including 🇬🇧, all 🇪🇺 members, and most of G20 (not 🇺🇸, 🇨🇳, 🇸🇦). Now Parliament is debating the bill.
— Swiss Federal Government (@SwissGov) June 6, 2025
Press release: https://t.co/33vCVtJimI @efd_dff @sif_sfi
All of the European Union’s member states, the UK, and most of the G20 countries are among the 74 partner nations. It’s important to note that China, the US, and Saudi Arabia are not part of this agreement. The Organisation for Economic Co-operation and Development (OECD) created the Crypto-Asset Reporting Framework (CARF), which sets standards for the exchange of information. The transaction will only happen if both parties are interested and follow the rules.
What does this mean for people who hold crypto around the world
Switzerland’s choice to join the CARF shows how serious it is about fighting tax evasion and making the digital asset market more open and honest as it grows. Switzerland wants to make sure that crypto assets are looked at in the same way as regular financial instruments by following international standards.
This change means that Swiss crypto transactions will no longer be anonymous for people who own crypto. People who own assets in Switzerland and want to invest or trade there should get ready for more reporting requirements and possible tax obligations in their home countries. The move also sets a standard for other countries to follow, which could lead to a more uniform way of taxing cryptocurrencies around the world.
Switzerland’s support for the CARF and promise to share crypto tax data with 74 other countries are major steps forward in the global effort to regulate digital assets. As the country moves away from its past of financial secrecy and toward a model of openness, crypto investors around the world need to get used to a new era of compliance and accountability.
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