Switzerland’s Federal Council adopted a bill on February 19 that will let the country automatically share information on crypto assets with 74 partner countries starting January 1, 2026.
The measure covers all European Union members, the United Kingdom, and most G20 nations, excluding the United States, Saudi Arabia, and China.
The goal is to support transparency and prevent tax evasion by ensuring that crypto transactions are reported under the OECD’s Crypto-Asset Reporting Framework.
Switzerland’s AEOI Framework for Crypto
The bill paves the way for an Automatic Exchange of Information (AEOI) system specifically for cryptoassets. Under this new framework, Swiss financial intermediaries will report details about customers’ crypto holdings to the Swiss tax authorities.
The authorities will then share that data with partner states that have agreed to the same standard. By applying rules similar to those already used for traditional financial accounts, Switzerland aims to close gaps in cross-border reporting for digital assets.
Partner Countries and Criteria
Switzerland proposes to share data with 74 countries that meet the requirements of the OECD framework. All 27 EU member states are included, along with the UK.
Most G20 members are also on the list, except for the US, Saudi Arabia, and China. AEOI will only proceed if partner states express interest and pass their legal tests for reporting. This ensures that both sides use common standards for collecting and exchanging data on cryptoassets.
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Review and Compliance
Before data exchange can start, Switzerland will check that each partner continues to meet the criteria of the Crypto-Asset Reporting Framework. This review will tie into the existing mechanism used for AEOI on financial accounts.
If a country no longer fulfils the standard, the Swiss government can pause data sharing until issues are resolved. A federal decree must be amended to expand this review process to cover cryptoassets specifically.
Industry Context and Related Developments
Meanwhile, in Switzerland’s own crypto hub of Zug, former Morgan Stanley Head of Digital Asset Markets Andrew Peel has left his role to start a new venture.
Peel brings more than ten years of experience in digital assets and over sixteen years in traditional finance. His new business aims to link established financial institutions with decentralized finance projects.
Significance for Global Crypto Markets
Switzerland’s move marks one of the most comprehensive efforts to regulate the fast-growing crypto sector.
By bringing digital assets into the AEOI framework, the country sets a new benchmark for transparency and cooperation.
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