Switzerland postpones exchange of crypto account data until 2027

Key points:

• Switzerland has postponed the automatic exchange of tax information on crypto accounts, despite the fact that the new rules will come into force in 2026.
• The actual launch will only be possible after the list of partner countries has been approved, so the start has been postponed until at least 2027.

Switzerland has decided to postpone the automatic exchange of information on crypto accounts with foreign tax authorities until at least 2027. Although the country planned to introduce such a system on January 1, 2026, the legal framework for it is still under development.

The Federal Council has approved updated rules governing Switzerland’s participation in international tax exchange. These changes supplement the basic law and are expected to come into force in early 2026. Parliament has already supported the expansion of the country’s participation in global tax data exchange, aligning it with OECD standards at its fall 2025 session.

The updated set of rules introduces a new reporting system for crypto assets. It describes how companies should provide data on their clients’ digital assets. Crypto companies will now have to register, provide the necessary information about their clients, and conduct basic checks if their activities are related to Switzerland.

What the document says

The decree also expands the list of organizations subject to regulation and introduces a transition period to allow all services to adapt to the new requirements. The document explains what crypto providers must do in practice: submit reports, verify customers, and register if they have sufficient ties to the jurisdiction.

However, the key political decision — the list of partner countries — has not yet been made. Because of this, Switzerland will not be able to start real data exchange in 2026. On November 3, 2025, the National Council’s Economic Affairs and Taxation Committee suspended work on the list of countries with which the country is ready to exchange data under CARF.

Switzerland has already done a lot of prep work to implement the OECD standards and has started talks on sharing crypto asset data with 111 countries that are already part of the international tax reporting system. In the end, Switzerland plans to work with 74 jurisdictions that are CARF-compliant and have shown mutual interest.

This list includes all EU countries, the UK, and most G20 countries, including Japan, Canada, and Australia. The US, China, and Saudi Arabia are not yet on the list; they have either not joined CARF or have not yet concluded the necessary agreements.