The Federal Council's decision to exchange cryptocurrency data with 74 countries under OECD’s CARF framework marks a significant step towards global tax compliance starting in 2027.
Switzerland's Federal Council has approved automatic data exchange on crypto assets with 74 jurisdictions, including EU states and the UK, effective January 2026. The initiative aims to enhance global tax transparency but excludes the US and Saudi Arabia. The exchange relies on reciprocity and compliance with the OECD’s Crypto-Asset Reporting Framework (CARF).