Switzerland Prepares to Join Global Crypto Tax Network by 2026
Switzerland is gearing up to begin automatic crypto asset data sharing with over 70 countries, including all EU member states and the UK, as part of a broader push toward international tax transparency.
The Swiss Federal Council announced on June 6 that it has approved a legislative package enabling this exchange, which is now under parliamentary review. If passed, the new rules will come into effect in early 2026.
While most G20 nations are included in the plan, key holdouts like the U.S., China, and Saudi Arabia are not on the list. The government emphasized that data sharing would only proceed with countries that express mutual interest and meet compliance standards under the OECD’s Crypto-Asset Reporting Framework…
