Switzerland Approves Crypto Tax Data Exchange with 74 Countries

Key Notes

Switzerland plans to exchange crypto-related tax data with 74 countries starting in 2026.

The proposal excludes the US and Saudi Arabia from the agreement.

The bill is under parliamentary debate and based on OECD compliance standards.

Switzerland’s Federal Council has approved plans to share cryptocurrency information with 74 countries.

Under the proposal, the country would automatically exchange crypto-related data with all European Union member states, the United Kingdom, and most G20 nations. However, the arrangement does not include the United States or Saudi Arabia.

On June 6, Switzerland issued an official statement confirming that the Federal Council had agreed to adopt a bill allowing for the automatic exchange of information on crypto assets following a formal me