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Switzerland approves OECD's Crypto-Asset Reporting Framework (CARF)
Switzerland's parliament approved the OECD's Crypto-Asset Reporting Framework (CARF) which is scheduled to enter into force on 1 January 2026. This development marks a significant step in aligning Swiss regulations with global standards. Mark Meili and Shannon Sangiorgio explain how this framework aims to enhance tax transparency in the rapidly evolving crypto market by extending the automatic exchange of information to include crypto-assets. Furthermore, the article outlines the impact of implementation on crypto-asset service providers, who will face new registration and reporting obligations as well as due diligence requirements.
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