🇹🇭 Switzerland to Automatically Share Crypto Tax Data with 74 Countries (2026)

Breaking:

Switzerland's Federal Council approves global crypto tax transparency plan:

â–Ș Automatic data sharing with 74 nations (EU, UK, most G20)

â–Ș Excludes US, China, Saudi Arabia

â–Ș Starts Jan 1, 2026 – aligns with EU’s DAC8 rules

🔍 Key Details:

✔ Uses Crypto-Asset Reporting Framework (CARF)

✔ Only applies if partner countries meet compliance standards

✔ Aims to boost trust in Swiss crypto sector

⚠ Why It Matters:

📊 Global tax enforcement is tightening

🏩 Swiss banks/crypto biz must prepare for new reporting

🌍 "No more tax havens" trend accelerates

#CryptoRegulation #Switzerland #Tax #DAC8 #Ethereum

(DYOR: Compliance is becoming unavoidable.)