Switzerland is set to deepen global financial transparency by introducing the automatic exchange of crypto-related data with 74 partner countries, including the United Kingdom and all European Union member states. The Federal Council announced on June 6 that it had adopted a bill to enable the Automatic Exchange of Information (AEOI) on crypto assets, aligning the country with evolving international tax standards.
Crypto Data Sharing to Begin in 2027
Under the proposed bill, Switzerland would implement the AEOI framework starting January 1, 2026, with the first exchange of crypto asset information expected in 2027. The legislation follows the Federal Council’s previous approval of legal foundations for crypto AEOI on February 19, 2025. Notably, the bill excludes key G20 nations like the United States, China, and Saudi Arabia from the data-sharing arrangement, though it includes most other G20 members.
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
Before any data is shared, Switzerland plans to review whether its AEOI partners meet the OECD’s Crypto-Asset Reporting Framework (CARF) standards. This assessment ensures a mutual commitment to transparency, as exchanges will only occur if the partner countries are willing and compliant.
EU Integration and Industry Implications
The European Union is preparing to implement its own crypto AEOI regime under DAC 8, and Switzerland’s proposed alignment would mean crypto service providers in the country will be required to report directly to EU authorities until full integration is achieved. This change could significantly impact Swiss-based crypto firms, prompting them to adapt their compliance operations to match EU expectations.
In its official statement, the Federal Council emphasized that adopting the crypto AEOI would reinforce Switzerland’s reputation as a responsible financial hub, strengthen international cooperation, and support a fair competitive environment for local crypto businesses. Additionally, the integration is expected to provide Switzerland with reciprocal access to tax-relevant crypto data from participating countries.
Switzerland’s move reflects a broader trend among financial centers toward greater crypto asset transparency. By adopting the AEOI for crypto, the nation aims to fulfill its global tax obligations while positioning itself as a cooperative and forward-thinking player in the international crypto economy.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
