Switzerland Closes Crypto Privacy Gap with New Reporting Rules

Switzerland Closes Crypto Privacy Gap with New Reporting Rules

Switzerland will end perceived crypto privacy protections, implementing rules requiring financial institutions to automatically share cryptocurrency data with 74 countries starting in 2027. The Swiss Federal Council approved a bill June 6 enabling automatic exchange of crypto information with EU members, the UK and most G20 nations. The United States, China and Saudi Arabia are […]

Switzerland to Launch Automatic Exchange of Crypto-Asset Data

The Swiss government approved a list of 74 countries with which it’ll begin the automatic exchange of information on crypto-assets in 2027, under the CARF standard. The Federal Council approved... Сообщение Switzerland Launches Automatic Exchange of Crypto-Asset Data появились сначала на CoinsPaid Media.

Switzerland Adopts Landmark Bill For Crypto Tax Information Sharing With 74 Countries

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 …

Switzerland Adopts Bill For Automatic Sharing Of Crypto Information With 74 Countries

Legislators in Switzerland have adopted a bill that enables the automatic exchange of crypto information with 74 countries. The Federal Council plans to enforce the law next year and anticipates that data exchange with partners will commence in 2027. The Federal Government of Switzerland announced on Friday that it had adopted a bill enabling the automatic exchange of information (AEOI) on cryptocurrencies with 74 countries. The Swiss parliament…