Making a move towards global tax transparency, Switzerland has adopted a landmark bill enabling the automatic exchange of crypto-related information with 74 partner countries.
Switzerland has long been known for its financial discretion. However, with crypto tax info sharing bill, netizens are wondering if Switzerland just killed its crypto privacy.
Switzerland just killed its crypto privacy.
All exchanges and banks will be required to report wallets, balances and type of tokens bought to your country of origin.— Wealthy Expat (@WealthyExpat) June 8, 2025
On 6 June 2025, the Federal Council said, “In the bill adopted today, the Federal Council is proposing 74 countries relevant to the crypto market with which Switzerland should automatically exchange information concerning crypto assets from 2026. These include all EU member states, the UK and most G20 countries (except the USA and Saudi Arabia).”
“An exchange should only take place if the partner states are interested in exchanging information with Switzerland and if they fulfil the requirements of the Crypto-Asset Reporting Framework developed by the Organisation for Economic Co-operation and Development (OECD),” said the Federal Council.
DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now
New Framework On Crypto Assets Set To Take Effect From January 2026
The new framework for the automatic exchange of infor (AEOI) on crypto assets is set to take effect on 1 January 2026. In fact, the first exchange of data is scheduled for 2027.
Hence, starting 2026, Swiss crypto service providers must collect and report client data – including names, addresses, tax IDs, and crypto balances – to Swiss tax authorities. The data will then be shared with partner countries.
While the data will be shared with 74 jurisdictions, including all 27 EU member states, it is important to note that the data sharing will only occur with countries that demonstrate mutual interest and comply with CARF.
DISCOVER: 20+ Next Crypto to Explode in 2025
Bitpanda Survey Says Switzerland Is Leading Crypto-Friendly Nation
A 2024 survey by Bitpanda shows that a significant 23% of the Swiss population owns crypto.
In partnership with YouGov Deutschland GmbH, Bitpanda surveyed more than 6,000 Europeans from Germany, France, Switzerland, Austria and Italy to study crypto trends.
Switzerland has emerged as one of the most crypto-friendly nations globally, with a substantial portion of its population actively participating in the digital currency ecosystem.
“In our research, we wanted to better understand how these factors are changing,” said Bitpanda. “Switzerland was the most crypto-friendly country, with almost a quarter (23%) of the total population already owning cryptocurrencies.”
Will Switzerland be considered “the most crypto-friendly nation” after it implements the landmark bill enabling the automatic exchange of crypto-related information with 74 partner countries?
Explore: 10 Best Solana Meme Coins to Buy in 2025
Key Takeaways
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
