Switzerland To Share Crypto Info With India
Taking a big and historic decision, Switzerland has announced the Automatic Exchange of Information (AEOI) of Crypto Info with 74 countries including India. This decision was taken by the Swiss Federal Council on 7 June 2025, with the aim of increasing transparency regarding crypto assets and tightening the noose on undeclared foreign assets.
There is already a process of sharing bank account information between India and Switzerland, which exposed many black money cases. But now for the first time, Crypto Info related to crypto assets will also be shared automatically.This move will enable Indian tax officials to get information about foreign wallets and secret crypto transactions, which will help prevent cases like tax evasion and money laundering.
How will India benefit from this Global Crypto Info Exchange?
Monitoring of black money and undeclared crypto will become easier
India suspects that black money worth thousands of crores of rupees is hidden abroad in the form of cryptocurrency. The exchange of Crypto Info will make it possible to identify these hidden virtual assets.
Income Tax Department will get great help in investigation
India's Income Tax Department will now get information directly from foreign crypto exchanges and wallets. This will enable them to reach those investors who have not declared foreign crypto holdings.
Helpful in strengthening the regulatory framework
When the government has accurate data on how many crypto assets Indian citizens hold in which countries, it will be able to create a strong and practical Cryptocurrency India Law.
Transparency in cross-border investments
This initiative will increase the Institutional Trust regarding crypto in India. When crypto investment is transparent, foreign investors will also be encouraged to invest in Web3 and Blockchain startups in India.
Balance in the CBDC vs Crypto debate
The crypto info coming from Switzerland will help the Indian government understand how CBDC (such as Digital Rupee) and cryptocurrency are being used differently, which will create a balance in the policies.
Its impact on the global crypto market
As a crypto writer, I believe that this initiative of Switzerland is a turning point not only for India but for the entire global crypto market. By implementing the Crypto-Asset Reporting Framework prepared by the OECD, a uniform monitoring and taxation model for crypto will emerge in all major countries.
Its impact will be:
Transparency will increase, which will change the image of crypto being called 'dark money'.
Exchanges and wallet providers will now have to follow strict reporting rules.
DeFi and Web3 startups will get a favorable environment for clean and tax-compliant operations.
We believe that this move will bring pressure to the crypto market in the short term but trust and institutional growth in the long term.
Expectations of Indian users: Will the new law change?
The news of India getting Crypto Info from Switzerland has come at a time when the Indian government is expected to take concrete steps on Cryptocurrency India Law. Users are expecting a lot from it.
Crypto users want:
There should be clear regulations stating which crypto activities are legal.
Tax rules should be practical, like reducing 1% TDS to 0.1%.
A secure investment framework should be created, such as protecting users in incidents like the WazirX hack.
Web3 and DeFi startups should get legal recognition and guidance.