Switzerland has taken a step towards strengthening tax transparency by approving a bill for automatic exchange of information (AEOI) regarding crypto assets with 74 countries. According to the Federal Council's statement on June 6, 2025, the list includes all EU countries, the United Kingdom, and most G20 countries, except for the USA, China, and Saudi Arabia. The bill, which awaits parliamentary approval, will come into effect on January 1, 2026, and the first data exchange is scheduled for 2027.
The exchange will only take place with countries that meet the requirements of the OECD's Crypto-Asset Reporting Framework (CARF). This will ensure data protection and compliance with standards. Switzerland aims to integrate into the global tax information exchange network to obtain data on crypto assets from partners while maintaining its reputation as a financial center.
Experts note that this may increase compliance costs for crypto companies, but it will promote market transparency. Switzerland, known for its progressive approach to blockchain, is strengthening its position in the regulation of cryptocurrencies.
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