Switzerland will exchange cryptocurrency investors' data with 74 countries, including Brazil
Switzerland announced that it will start automatically sharing data about cryptocurrency investors and companies with 74 countries — including Brazil — starting in 2027.
The decision was approved by the Swiss Federal Council on June 6, 2025, and is part of a global effort to combat tax evasion, money laundering, and asset concealment.
The measure aims to target foreign residents with digital assets held in the country and will be implemented in accordance with the Crypto-Asset Reporting Framework (CARF), an international standard developed by the OECD.
The international exchange of information will cover countries that already participate in the automatic exchange system in the traditional financial sector.
All G20 members are included, except for Saudi Arabia and the United States. The European Union will be fully included.
Brazil, in turn, is among the beneficiaries, which will allow the Federal Revenue Service to receive data on Brazilians with crypto assets in Switzerland.
Despite being already approved, the measure will only come into effect in 2026, with the first exchanges expected for the following year. Implementation will depend on reciprocation from the interested countries, which must meet the CARF criteria.
Switzerland may suspend sharing if any nation fails to follow the agreed-upon rules.
The new policy will require changes to the Swiss federal decree and represents an important milestone in the transparency of cryptocurrency operations.
Foreign investors, Swiss banks, and brokers operating digital assets are among those affected.
The decision reinforces Switzerland's alignment with international efforts to regulate the crypto market.
Source: Livecoins