Switzerland is advancing a plan to automatically share cryptocurrency-related data with 74 partner countries, including the United Kingdom and all EU member states.

The Swiss Federal Council has passed a bill allowing for the automatic exchange of cryptocurrency information (AEOI) with partner countries, according to an official announcement released on June 6.

The proposal also suggests sharing data with most G20 countries. According to the Swiss Federal Government's release on the X platform, this measure does not include the United States, Saudi Arabia, and China.

The bill is currently under discussion in Parliament, and if approved, the AEOI framework for crypto assets will take effect on January 1, 2026.

This new proposal follows further actions after the Federal Council passed a document on the international and national legal basis for AEOI of crypto assets on February 19, 2025.

At the June 6 meeting, the Council approved the AEOI document, aiming for the first cryptocurrency data exchange in 2027.

Before the actual exchange of cryptocurrency asset data, the Federal Council proposed reviewing whether the partner countries that have initiated AEOI continue to meet the standard requirements.

"For this purpose, the existing AEOI review mechanism for financial account information should also cover the AEOI of crypto assets in the future, which requires corresponding amendments to federal regulations," the Council stated.

Related: Pakistan's cryptocurrency minister discusses Bitcoin (BTC) with the Mayor of New York City and Wall Street.

Original: “Switzerland Approves Sharing Cryptocurrency Tax Information with 74 Countries”

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