BTCC
/
BTCC Square
/
cryptonewsT
/
Switzerland Greenlights Crypto Intel Sharing with 74 Countries—Banks Brace for Transparency Tsunami
Switzerland Greenlights Crypto Intel Sharing with 74 Countries—Banks Brace for Transparency Tsunami
16
2
Crypto’s favorite privacy haven just cracked open its vaults. Switzerland’s parliament rubber-stamped a bill that’ll force crypto firms to share transaction data with 74 nations by 2026—no more ‘forgetting’ to report that 10,000 BTC withdrawal.
The fine print:
Alpine banks now face their worst nightmare: actual accountability. The move aligns with global anti-money laundering pushes, but let’s be real—it’s also a gift to tax agencies starving for blockchain breadcrumbs.
The irony?
This comes from a country that built its empire on numbered accounts. Guess even Swiss bankers can’t hodl against regulatory FOMO.
By:
Previous
Pudgy Penguins Swims Into Music—Can Its PENGU Token Ride the Wave?
Next
Crypto Markets Reel as Musk-Trump Feud Sparks Ethereum, Solana, and Doge Volatility
