As reported by CoinPaper, Switzerland has delayed the implementation of the Crypto-Asset Reporting Framework (CARF) until at least 2027, despite enshrining it into law on January 1. The Swiss government cited the need to reassess its list of partner states for data sharing. Meanwhile, Spain’s Sumar alliance is pushing for sweeping tax reforms that would increase crypto gains tax to 47%, classify digital assets as seizable property, and introduce a 'risk traffic light' system for investors. Spain’s proposals face criticism for being incompatible with decentralized assets and potentially driving crypto holders out of the country.
Switzerland Delays CARF Implementation Until 2027, Spain Proposes Stricter Crypto Tax Rules
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