Access Restricted for EU Residents
You are attempting to access a website operated by an entity not regulated in the EU. Products and services on this website do not comply with EU laws or ESMA investor-protection standards.
As an EU resident, you cannot proceed to the offshore website.
Please continue on the EU-regulated website to ensure full regulatory protection.
Friday Nov 28 2025 03:30
2 min
The Swiss government has announced a delay in the implementation of rules designed to automatically exchange crypto account information with overseas tax authorities, pushing the start date to 2027. This decision comes as Switzerland carefully considers the countries with which it will share this sensitive data.
Despite the delay, the Crypto-Asset Reporting Framework (CARF) rules will still be enshrined into Swiss law on January 1, 2026, as originally planned. However, these rules will not be implemented until at least a year later, according to a statement from the Swiss Federal Council and the State Secretariat for International Finance.
The statement noted that the Swiss government’s tax committee “suspended deliberations on the partner states with which Switzerland intends to exchange data in accordance with the CARF,” explaining the reason for the postponement.
The Organisation for Economic Co-operation and Development (OECD) approved CARF in 2022 as part of a global initiative to share crypto account data with partnered governments in an effort to curb tax evasion via crypto platforms.
The Swiss government's announcement also highlighted a series of amendments to local crypto tax reporting laws, and transitional provisions “aimed at making it easier” for domestic crypto firms to comply with CARF rules.
In June, the Swiss Federal Council moved forward with a bill to adopt the CARF rules in January 2026, stating at the time that the first exchange of crypto account data would occur in 2027. However, the current timeline for information exchange remains unclear.
OECD documents indicate that 75 countries, including Switzerland, have signed on to enact CARF over the next two to four years. Meanwhile, Argentina, El Salvador, Vietnam, and India have been identified as countries that have yet to sign on.
Earlier this month, Reuters reported that the Brazilian government was considering a tax on international crypto transfers as part of a push to align domestic rules with CARF standards.
Concurrently, the US White House recently reviewed the Internal Revenue Service’s proposal to join CARF as part of a broader effort to enact more stringent capital gains tax reporting rules for American taxpayers using foreign exchanges.
Risk Warning: This article is provided for informational purposes only and does not constitute investment advice, investment research, or a recommendation to trade. The views expressed are those of the author and do not necessarily reflect the position of Markets.com. When considering shares, indices, forex (foreign exchange), and commodities for trading and price predictions, remember that trading CFDs involves a significant degree of risk and may not be suitable for all investors. Leveraged products can result in capital loss. Past performance is not indicative of future results. Before trading, ensure you fully understand the risks involved and consider your investment objectives and level of experience. Cryptocurrency CFD trading restrictions may apply depending on jurisdiction.
Latest
View all
Wednesday, 1 July 2026
10 min
Wednesday, 1 July 2026
5 min
Tuesday, 30 June 2026
7 min
Wednesday, 1 July 2026
Indices
Spot Gold Rebounds Above $4,000 as US Manufacturing Slows and Fed Shifts Messaging
Wednesday, 1 July 2026
Indices
Crude Oil Prices Extend Post-War Slump as Supply Risks Fade and Hormuz Traffic Rebounds
Tuesday, 30 June 2026
Indices
Bitcoin Price Outlook: Could BTC Fall Toward $53,000 After Losing $60,000 Support?
EN
