Switzerland is moving forward with a plan to automatically share crypto-related data with 74 partner countries including the United Kingdom and all European Union member states.
The Government of Federal Council, Switzerland has adopted a bill to enable automatic exchange of information on crypto with partner countries, According For an announcement on 6 June.
The proposal also shows that data is to be shared with most G20 countries. This remedy excludes the United States, Saudi Arabia and China, According For an X post by Swiss Federal Government.
The bill is currently subject to discussion in Parliament and, if approved, the AEOI structure for crypto assets will be effective on 1 January 2026.
First exchange of expected data in 2027
The new proposal follows the transmission of the Federal Council at international and national legal bases for AEOI related to Crypto assets adopted on February 19, 2025.
During a meeting on 6 June, the council adopted remittance on AEOI approval, targeting the first exchange of crypto data to be held in 2027.
Prior to the actual exchange of data on crypto assets, the Federal Council proposed to review whether AEOI has been activated with the partner states that continue to meet the requirements of the standard.
The council said, “By this end, the existing review mechanism for AEOI on financial account information should also be covered to AEOI related to Crypto assets in future, according to which this federal decree requires amendment accordingly,” the council said.
This is a developing story, and further information will be added as it is available.
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