Switzerland’s government has given the green light to a plan that will force crypto firms to hand over data on their customers’ digital assets. The measure, adopted on June 6, 2025, aims to start sharing information with 74 partner countries. It is set to take effect on January 1, 2026, but the first actual exchange of data won’t happen until 2027.
Plan Timeline And Details
According to the Swiss Federal Council , the bill was put forward to update existing rules on international data sharing. Starting January 1, 2026, crypto-service providers in Switzerland must record who holds which crypto assets and report that data to Swiss tax authorities.
Then, in 2027, those authorities will send the information to partner states that meet the required standards. Parliament is debating the b