Switzerland to Enforce Automatic Information Exchange on Crypto


17h05 ▪
4
min read ▪ by
Mikaia A.

Long perceived as the ideal haven for capital seeking anonymity, Switzerland seems to have made a 180-degree turn. Gone are the invisible vaults and untraceable digital wallets. According to the latest news, the Swiss government is preparing for the automatic exchange of crypto-related information with 74 countries. A new standard that could transform the Swiss financial center… but not to everyone’s taste.

Swiss banker takes USB stick out of crypto box, highlighting crypto leakSwiss banker takes USB stick out of crypto box, highlighting crypto leak

In brief

  • Switzerland will launch automatic crypto information exchange with 74 countries…

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