Switzerland is moving forward with plans to automatically share crypto-related data with 74 partner countries, including the United Kingdom and all European Union member states.
The Federal Council, the government of Switzerland, has adopted a bill to enable the automatic exchange of information (AEOI) on crypto with partner countries, according to an announcement on June 6.
The proposal also suggests sharing the data with most G20 countries. The measure excludes the United States, Saudi Arabia and China, according to an X post by the Swiss Federal Government.
The bill is currently under discussion in Parliament and, if approved, the AEOI framework for crypto assets would take effect on Jan. 1, 2026.
First exchange of data expected in 2027
The new proposal follows the Federal Council’s dispatch on the international and national legal bases for the AEOI concerning crypto assets adopted on Feb. 19, 2025.
During a meeting on June 6, the council adopted the dispatch on the AEOI approval, targeting the first exchange of crypto data taking place in 2027.
Prior to the actual exchange of data on crypto assets, the Federal Council proposed to review whether the partner states with which the AEOI has been activated continue to fulfil the standard’s requirements.
“To this end, the existing review mechanism for the AEOI on financial account information should in the future also cover the AEOI concerning crypto assets, which requires the corresponding federal decree to be amended accordingly,” the council said.
This is a developing story, and further information will be added as it becomes available.
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