Switzerland Postpones Crypto-Asset Reporting Requirements

Swiss crypto investors can breathe easier for a bit after the country’s legislature voted to put off the start of its crypto reporting regime because of delays in other countries and “implementation issues” at the OECD.

The Swiss Parliament voted 18-0 Tuesday to postpone implementation of the Crypto-Asset Reporting Framework, or CARF, which was slated to go into effect in January.

• A release from Parliament said that since lawmakers decided to implement CARF, several other jurisdictions have delayed the start of their programs beyond Jan. 1.
• Additionally, it said, “implementation issues have resurfaced” at the Organization for Economic Cooperation and ...