Long perceived as the ideal Le Havre of capital in search of anonymity, Switzerland seems to have operated a turn at 180 degrees. No more invisible chests and digital wallets out of sight. According to the latest news, the Swiss government is preparing the automatic exchange of information related to cryptos with 74 countries. A new standard that risks transforming the Swiss financial center … but not to everyone's taste.
In short
- Switzerland will launch the automatic exchange of crypto information with 74 countries from 2027.
- The United States, China and Saudi Arabia are excluded from this tax agreement.
- Providers will have to declare customer data to the Swiss tax authorities from 2026.
- The agreement aims to comply with the Carf standard of the OECD for Crypto transparency.
Switzerland: Crypto data sharing on a global scale
Switzerland vs France: Where is it more advantageous to invest? On June 6, 2025, the Federal Council adopted A bill allowing the implementation of the automatic exchange of information (AEOI) on cryptoactives. From January 1, 2026, Swiss providers will have to declare their customers' data to the Swiss tax authorities. These will share them, from 2027, with 74 partner countriesincluding all members of the European Union, the United Kingdom and the majority of G20 countries.
But beware, only the states respecting the Crypto-Aset Reporting Framework (CARF) of the OECD will receive this data. The United States, China and Saudi Arabia are excluded from the agreement. Another subtlety: sharing is only possible if the partner country accepts reciprocity and meets the transparency criteria.
From a legal point of view, This reform will require adjustments in the federal decree In order to align the control mechanisms with those already applied to bank accounts. It is therefore a complete alignment between traditional finance and crypto economy.
If this project passes the parliamentary stage, Switzerland could well become one of the pioneer states of crypto tax reporting worldwide.
Tax hideout with tax mirror
This Swiss turn is not trivial. He reflects a deep transformation of Switzerland's economic role on the world scene. Formerly accused of maintaining fiscal opacity, it now relies on cooperation and international compliance to restore its credibility. The stated objective is clear: ” Respond to tax transparency commitments ” And ” Create fair conditions for Swiss companies in the Crypto sector ».
This strategy also aims to Contain the unfair competition of less transparent jurisdictions. Through the AEOI, Switzerland is not positioned as an anonymity sanctuary, but as a regulated hub. Swiss crypto providers will have to collect names, addresses, tax identifiers and amounts held by customers.
If this process is part of a logic of'Harmonization with the EU via the DAC8 directivehe could scare away certain investors, attached to confidentiality. Others, on the other hand, will salute this upgrade, which better protects the regulated actors.
A precision that deserves attention:
- 74 partner countries identified for data exchange;
- Date of entry into force planned: January 2026;
- First exchanges of information: current 2027;
- Non-participating states: United States, China, Saudi Arabia;
- Direct declaration obligations in the EU maintained until total harmonization with Switzerland.
If Switzerland adopts transparency, it remains a fertile land for the crypto. Lugano, for example, is a showcase of the massive adoption of cryptocurrencies. However, the Swiss National Bank remains cautious. She excluded bitcoin from her reserves. This contrast illustrates well the unstable balance between innovation and orthodoxy that Switzerland tries to reach.
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