Switzerland to Share Cryptocurrency Data with 74 Countries
Switzerland's Federal Council has approved a list of 74 countries with which the country will automatically exchange data on crypto assets starting in 2026.
The first exchange of information is scheduled for 2027 and will be part of an international effort to increase transparency in the digital asset sector. The list includes all EU countries, the UK, and most G20 members, with the exception of the US and Saudi Arabia. The terms of cooperation include compliance with standards developed by the Organisation for Economic Co-operation and Development (OECD) within the framework agreement Crypto-Asset Reporting Framework (CARF), as well as mutual interest on the part of states.
In addition, the Swiss authorities plan to expand the automatic exchange of tax information (AEOI) mechanism to include data on crypto assets. This will allow tracking transactions with digital assets in the same way as traditional financial instruments are currently tracked. The corresponding bill is already under consideration in the country's parliament. This approach is aimed at ensuring compliance with international regulations and strengthening control over the tax obligations of crypto asset owners.
Earlier, we wrote that Romania's largest postal operator Posta Romana, in collaboration with the Bitcoin Romania (BTR) crypto exchange, installed the country's first Bitcoin ATM.
