TechFlow, on November 28, according to Cointelegraph, the Swiss Federal Council and the State Secretariat for International Financial Affairs announced on Wednesday that the implementation of rules for automatically exchanging cryptocurrency account information with overseas tax authorities will be postponed to 2027.
The rules of the Crypto-Asset Reporting Framework (CARF) will still be written into law as originally planned on January 1, 2026, but implementation will be delayed by at least one year. The Swiss government stated that the delay is due to the tax commission "pausing deliberations on 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 platforms by sharing cryptocurrency account data. Currently, 75 countries including Switzerland have signed the framework, with plans to implement it within the next two to four years.
