Switzerland to Swap Crypto Holder Data with 74 Countries Under the OECD’s CARF

Switzerland's Federal Council has greenlit a plan to automatically exchange crypto-asset holding data with 74 jurisdictions starting in 2027. The MOVE aligns with the OECD's Crypto-Asset Reporting Framework (CARF), designed to combat tax evasion through offshore digital asset holdings.

The list encompasses EU member states, the UK, and most G20 nations—notably excluding the US and Saudi Arabia. Data sharing will only proceed if partner countries meet strict reciprocity and compliance standards set by CARF.

Legal foundations for the regime are currently under parliamentary review, with implementation slated for January 2026. The first data transmission will occur the following year. Switzerland will apply the same rigorous review mechanisms used for traditional financial data exchanges to ensure integrity.