Swiss Crypto Law Implementation Delayed to 2027 Amid Global Regulatory Challenges
Switzerland's Federal Council has postponed implementation of its Crypto-Asset Reporting Framework (CARF) until 2027, marking a two-year delay from the original 2026 target. The decision follows stalled deliberations by the Economic Affairs and Taxation Committee regarding international data-sharing partnerships.
The amended Automatic Exchange of Information Ordinance now imposes new compliance burdens on crypto service providers, including mandatory reporting, due diligence, and registration requirements. This reflects growing global pressure to standardize crypto taxation despite operational complexities.
As Bitcoin flirts with $70,000 and Ethereum ETFs gain traction, the delay highlights the tension between innovation and regulation. Switzerland's cautious approach contrasts with aggressive moves by jurisdictions like Singapore and Dubai to capture crypto market share.