According to Chainthink, the Swiss Federal Council (Bundesrat) has officially approved and submitted the 'International Automatic Information Exchange (AIA) Expansion' proposal to parliament on February 19, 2025. The proposal introduces a new 'Crypto-Asset Reporting Framework (CARF)' and updates the existing Financial Account AIA standard (CRS) to meet the needs of the crypto era. The new regulations will take effect on January 1, 2026, requiring Switzerland to automatically exchange information on crypto wallet addresses, exchange accounts, NFTs, DeFi, and other on-chain assets with other participating countries. This marks the first time Switzerland has fully integrated crypto assets into the global tax transparency framework, signaling a new era of stricter cross-border tax compliance for the crypto industry. Over 100 countries and regions are expected to follow suit, urging crypto investors and institutions to prepare for KYC and tax reporting in advance.
Swiss Federal Council Approves Crypto AIA Expansion, Global Crypto Transaction Data to Be Automatically Shared from 2026
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Summary
The Swiss Federal Council on February 19, 2025, approved the AIA Expansion plan, which includes the new Crypto-Asset Reporting Framework. This update aligns with crypto exchange regulations and CFT measures. Starting 2026, Switzerland will automatically share data on crypto wallets, NFTs, and DeFi with over 100 countries. The move integrates crypto assets into the global tax framework for the first time, requiring KYC and tax reporting from investors and institutions.
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