Switzerland to Share Crypto Tax Data with 74 Countries by 2027
- Sammy Salmela
- 7 days ago
- 3 min read
Article with AI Analysis
Date: June 6, 2025
Source: Cointelegraph
Introduction
Switzerland has long been seen as a discreet and secure financial hub. But in a world rapidly adapting to digital assets, the rules are changing. The Swiss Federal Council has just announced a bold move: by 2027, Switzerland will begin sharing crypto related tax information automatically with 74 countries.
This isn’t just about compliance. It’s about global fairness, tax transparency, and levelling the playing field in the crypto economy.
Switzerland moves toward tax transparency with AEOI on crypto
The Automatic Exchange of Information (AEOI) is a framework designed to prevent tax evasion by allowing governments to share financial data. This new Swiss proposal expands the AEOI to include crypto assets.
Under this bill, Switzerland will collaborate with the EU, UK, and most G20 countries excluding the US, China, and Saudi Arabia for now. The data-sharing will be based on the OECD’s Crypto-Asset Reporting Framework (CARF), and providers in Switzerland will be required to report crypto transactions in line with new standards.
Importantly, the first exchanges of data are expected in 2027, giving institutions time to prepare. The EU, via its DAC8 directive, is already implementing similar frameworks making Switzerland’s integration crucial to remain competitive and aligned.
How will this affect crypto users and companies?
For individual users, this move signals an end to crypto anonymity when it comes to tax matters. If you're holding or trading crypto in Switzerland, your activity could soon be reported to tax authorities in your home country.
For companies operating in the Swiss crypto space, the new law adds complexity but also credibility. Switzerland aims to remain a trusted jurisdiction while meeting global standards. And for many, that trust is worth the extra paperwork.
The government also emphasised mutual interest: data will only be exchanged if both countries agree and meet specific legal and technical standards.
AI-Powered Sentiment Analysis
Our AI analysis of this article revealed:
Sentiment Score: 0.92 – This article carries a generally positive and progressive tone.
Financial Sentiment: 1.02 – Shows a neutral to positive impact for global crypto regulation efforts.
Polarity Score: 0.078 – Balanced in tone, leaning slightly positive.
Subjectivity Score: 0.342 – Largely objective with a factual reporting style.
These scores suggest that the article is viewed as a constructive and informative piece with low emotional bias. It reflects a measured optimism about regulation and the future of tax transparency in the crypto sector.
Read More
Read the full article on: https://cointelegraph.com/news/switzerland-automatic-crypto-data-exchange-74-partner-countries
Explore more articles on Hikarinova Blog
Want to Automate Your Trading?
Connect your own crypto or stock trading account (like Pionex) to our signal based trading bot - get real time buy and sell signals while staying in full control.
🟢 Your funds stay with your own exchange – we never touch them
🟢 No upfront costs – we only earn if you make a profit
🟢 Truly free to register
🟢 Simple and secure onboarding
Curious? Register Your Interest!
We're currently start collecting interest from people who want to learn more about our upcoming automated trading service.
By signing up, you're simply letting us know you're curious. No commitment.
Later, we’ll send out a personalised invitation with all the details. Only then do you decide if the service is right for you.
Disclaimer
This article was generated using AI and reviewed for accuracy. The information presented is for educational purposes only and should not be construed as financial advice. Always consult with a professional before making investment decisions.
Comments