According to a report by Cointelegraph on November 28, the Swiss Federal Council and the State Secretariat for International Financial Affairs announced on Wednesday that the implementation of rules for the automatic exchange of Crypto Assets account information with overseas tax authorities has been postponed to 2027.
The Crypto Assets Reporting Framework (CARF) rules will still be written into law as planned on January 1, 2026, but the implementation will be delayed by at least one year. The Swiss government stated that the reason for the delay is that the tax committee “suspended the review of partner countries with which Switzerland intends to exchange data under CARF.”
CARF is a global framework approved by the Organisation for Economic Co-operation and Development (OECD) in 2022, aimed at curbing tax evasion through crypto asset platforms by sharing cryptocurrency account data. Currently, 75 countries, including Switzerland, have signed the framework, with plans to implement it within the next 2 to 4 years.
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