🇨🇭 Switzerland Approves Crypto Tax Data Sharing with 74 Nations 🌐

📅 June 6, 2025

Switzerland’s Federal Council has greenlit a bill enabling the automatic exchange of cryptocurrency-related tax information with 74 partner countries, including the UK and all EU member states. This move aims to enhance global transparency and combat tax evasion in the digital asset space.

📊 Key Highlights:

• Scope: The agreement encompasses the automatic sharing of crypto-related tax data with 74 nations, excluding the U.S. and China.

• Implementation Timeline: The data exchange is set to commence by 2026.

• Objective: To align with international standards and bolster efforts against tax evasion involving digital assets.

🔍 Implications for Crypto Investors:

This development underscores the increasing global emphasis on regulatory compliance in the cryptocurrency sector. Investors operating in or through Switzerland should be aware of the forthcoming transparency measures and prepare for potential reporting obligations.

💬 Your Thoughts?

How do you perceive Switzerland’s move towards greater transparency in crypto taxation?

Will this influence your investment strategies or choice of jurisdictions?

👇 Share your insights in the comments!

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