Odaily News The Swiss Federal Council (a seven-member body that jointly leads the Swiss government) intends to implement the Crypto Asset Reporting Framework (CARF) to increase tax transparency. On the 15th, the Federal Council issued a consultation document to investigate public opinion on joining the automatic exchange of information (AEOI) for international tax authorities to cooperate in combating tax evasion. Currently, Switzerland's joining the AEOI is scheduled for January 1, 2026. It is reported that the Organization for Economic Cooperation and Development (OECD) established AEOI and other initiatives for the Group of 20 (G20) countries, and later expanded to include other countries. Switzerland previously adopted the OECD's Common Reporting Standard (CRS) in 2014, but did not include CARF, which regulates the processing of crypto assets and their providers. (Cointelegraph)