🇨🇭 Switzerland to Begin Sharing Crypto Data with 74 Countries by 2027 🔍

Big move for global crypto regulation! Switzerland’s Federal Council has approved a list of 74 partner nations—including the EU, UK, and most G20 states—for automatic exchange of crypto asset data starting in 2027. 👇

🔑 Key Points:

🗓️ Laws take effect in 2026, with first data exchanges set for 2027

✅ Applies only to countries that agree to share data back and meet OECD’s Crypto-Asset Reporting Framework (CARF) standards

❌ U.S. and Saudi Arabia not included in the current list

🕵️ Switzerland will review compliance before any data sharing

📈 Goal: Increase tax transparency and level the playing field for Swiss crypto firms

This is a major shift for a country once known for financial secrecy. It could have huge implications for how crypto firms operate internationally.

#CryptoRegulation #Switzerland #CryptoTransparency #OECD #BinanceSquare