Switzerland postpones sharing of cryptocurrency tax information until 2027.

Odaily Planet Daily reports that Switzerland has postponed the implementation of its rules for automatically exchanging cryptocurrency account information with overseas tax authorities until 2027, and is still deciding which countries to share data with. The Swiss Federal Council and the State Secretariat for International Finance stated on Wednesday that the Crypto Asset Reporting Framework (CARF) rules will still be enshrined in law as originally planned on January 1, 2026, but will not be implemented for at least another year. The department added that the Swiss government's tax committee has "suspended its consideration of which partner countries Switzerland intends to exchange data with under CARF," which is the reason for the postponement. The government announcement also highlighted a series of revisions to the local cryptocurrency tax reporting law, as well as transitional provisions designed to "facilitate" domestic cryptocurrency companies' compliance with CARF rules. (Cointelegraph)