Switzerland is advancing plans to automatically share crypto -related data with 74 countries partners, including the United Kingdom and all European Union member states.
The Federal Council, the government of Switzerland, adopted a bill to enable automatic exchange of information (Aeoi) in crypto with country partners, According to to an official announcement on June 6.
The proposal also suggests sharing data with most G20 countries. The proposal does not include the United States, Saudi Arabia and China, According to In an X post by the Swiss Federal Government.
The bill is currently under the discussion in Parliament and, if approved, the Aeoi framework for crypto properties will take effect on January 1, 2026.
First Exchanging Data Expected in 2027
The new proposal complies with the sending of the federal council to the international and national legal grounds for Aeoi regarding the crypto assets adopted in Feb. 19, 2025.
At a meeting on June 6, the Council adopted the transmission of Aeoi’s approvement, targeting the first exchange of crypto data that was taking place in 2027.
Prior to the actual exchange of data in crypto assets, the Federal Council suggested to check if the partner stated where the Aeoi was that -activated continuously fulfilling the requirements of the standard.
“For this reason, the existing AOOI examination mechanism for financial information information should also occupy Aeoi regarding crypto assets, which requires the corresponding federal amendment to amended accordingly,” the council said.
This is a story development, and further information will be added as it is available.
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