Switzerland Greenlights Crypto Tax Info Sharing with 74 Nations

Switzerland plans to automatically share cryptocurrency tax data with 74 countries starting in 2026, excluding some major economies. The move, which includes the UK and EU states, aims to establish a framework for transparency in crypto regulation, with the first data exchange expected in 2027.

Switzerland has taken significant steps toward sharing cryptocurrency tax information with 74 countries. The Swiss Federal Council recently announced a new bill that, if approved by Parliament, will allow for the automatic exchange of information (AEOI) regarding crypto assets. This initiative includes cooperation with nations like the United Kingdom and every member state of the European Union, marking a notable shift in Switzerland’s approach to cryptocurrency regulation.

The proposal notably highlights the exclusion of certain major economies—namely the United States, Saudi Arabia, and China—suggesting a more selective approach to international collaboration. Following the groundwork laid by the Federal Council in February 2025 about the legal frameworks for AEOI on crypto assets, this bill aims to streamline information sharing and increase transparency in the cryptocurrency sector.

If the legislation gains traction, the AEOI framework for cryptocurrencies is expected to roll out on January 1, 2026, with the first data exchanges projected for 2027. The council emphasized the importance of ensuring that the partner countries involved maintain standard requirements as prescribed in the AEOI agreements.

Before any data exchange occurs, a thorough review of these partner states will be conducted to confirm compliance with established standards. The Federal Council expressed a need to amend the current review mechanisms accordingly to make sure they encompass cryptocurrency assets moving forward. The dynamics of this undertaking suggest a future where Switzerland plays a pivotal role in shaping cryptocurrency clarity globally.

Switzerland’s decision to share crypto tax information with 74 nations, excluding major powers like the U.S. and China, marks a pivotal moment in the global crypto landscape. As the AEOI framework is prepared for 2026, this move could enhance regulatory transparency and set standards for collaboration on crypto legislation. The first data exchanges are anticipated in 2027, showing Switzerland’s commitment to expanding its regulatory reach.

Original Source: cointelegraph.com