Switzerland Delays Global Crypto Tax Information Exchange to 2027

Switzerland is taking a crucial step towards bolstering global tax transparency for cryptocurrencies. The Swiss Federal Council recently approved the implementation of the OECD’s Crypto-Asset Reporting Framework (CARF), setting a significant benchmark for digital asset regulation in the country. This framework mandates that crypto service providers begin collecting user data in 2026. International exchange of this information with 74 partner nations will commence in 2027, solidifying Switzerland’s commitment to global tax compliance.