Crypto Regulation Shakeup: Switzerland to Share Digital Asset Data with 74 Nations — What This Means for the Future
Crypto is set to take center stage in international regulation as Switzerland announces a sweeping change: by 2026, it will automatically exchange digital asset information with 74 countries — but not the U.S., China, or Saudi Arabia. This strategic move, driven by Switzerland’s Federal Council, is crafted to boost transparency across the evolving blockchain and DeFi markets while fighting global tax evasion.
Announced this June and rolling out from January 2026, the Swiss bill paves the way for the first automated sharing of crypto data in 2027. Notably, every EU member, the UK, and much of the G20 will be included as partner nations for this regulatory leap. However, major economies like the U.S., China, and Saudi Arabia aren’t on the initial list, stoking debates about differing national approaches to digital asset compliance.
The new framework relies on mutual consent: partner countries must also agree to share crypto data with Switzerland and adhere to the Organization for Economic Co-operation and Development (OECD) Crypto-Asset Reporting Framework. Before any data is exchanged, the Swiss government will rigorously review each partner nation’s compliance with these global standards — a sign of mounting pressure for harmonization as the crypto sector matures.
[Press release indicating official move]
Experts say this signals the mainstreaming of crypto regulation, responding to both investor demand for clarity and governments’ need to combat illicit activity. According to a leading Swiss regulatory analyst, “This move marks a turning point, showing that crypto assets can no longer operate in the shadows. Automatic exchange of crypto data is a global trend.”
Crypto-Asset Service Providers — exchanges, wallet providers, and other market participants — will be required to collect, verify, and annually report users’ tax residencies and transaction details. Key transactions covered include asset swaps (crypto to fiat and vice versa), exchanges between different crypto tokens, and transfers across wallets.
Countries that participate must maintain compliance even after the agreement is active, with regular Swiss reviews to ensure global tax transparency isn’t compromised. As more governments, such as Hong Kong, commit to similar reporting by 2026, the era of regulatory arbitrage in crypto appears to be fading fast.
For those active in altcoins, staking, or cross-border DeFi, this regulatory shift could have lasting implications. As transparency expectations rise, individual and institutional investors should monitor compliance rules closely and prepare for increased oversight in their crypto activities.
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