The Crypto-Asset Reporting Framework (CARF) is coming into force worldwide.

This obliges bitcoin providers such as Pocket to report the volumes traded from January 1st, 2026 by its customers with foreign tax residence.

This summary report is submitted annually to the Federal Tax Administration (FTA), where the data is forwarded to the participating partner countries.

The first data exchange will take place in mid-2027 and will cover the entire reporting year 2026.

What is CARF?

CARF stands for Crypto-Asset Reporting Framework and is an international OECD standard for the automatic exchange of information on crypto assets. It is intended to ensure that income and assets from crypto transactions are correctly taxed in the respective countries.

Will my transactions before January 1st, 2026 be reported?

No. CARF will only apply from January 1st, 2026. Transactions that took place before this date will not be reported retroactively.

Which transactions are affected?

Only transactions processed via Pocket will be reported – e.g. the purchase or sale of bitcoin against Swiss francs or Euro.

The following will not be reported:

• Transactions on your own wallets, including the Pocket App
• On-chain transfers between self-managed addresses that Pocket does not control

Pocket has no insight into your private wallets and therefore cannot report any activities that take place outside its own platform.

Which countries will information be exchanged with?

Switzerland will exchange information with countries that have also introduced CARF. Currently, 74 countries are planned, including all EU and EEA member states, the United Kingdom and most G20 countries (with the exception of the US and China, among others).

You can find the current list in the official federal decree of the Swiss authorities.

Does CARF only apply in Switzerland?

No. CARF is being introduced by numerous countries worldwide, including the entire EU, the EEA, the United Kingdom and many other countries.

The standard ensures that the automatic exchange of information is carried out uniformly internationally – regardless of which service provider you use to process your transactions.

How do I declare my tax residence and tax identification number (TIN)?

When registering with Pocket, you will be asked to provide your tax residences and the corresponding tax identification numbers (TIN).

If you registered before October 15th, 2025, you can submit your details by the end of the year.

Pocket will inform you of this in good time by email.

Where am I liable for tax? Do I have to specify multiple tax residences?

As a rule, this is where you have your place of residence or centre of life.

In some cases – for example, if you work in another country or have dual citizenship – you may be liable for tax in multiple countries.

In this case, all relevant tax jurisdictions must be specified.

What information is reported?

Summary annual data about your trading activities at Pocket is reported, including:

• Total amount of purchases and sales (in BTC and local currency)
• Number of purchases and sales
• Name
• Date of birth
• Address
• Tax identification number (TIN)
• Country or countries of tax residence

No individual transactions, wallet addresses or bitcoin holdings are transmitted – only annual totals per person per year.

How is my information transmitted?

Pocket transmits the data once a year to the Federal Tax Administration (FTA).

The FTA then forwards it to the tax authorities of the respective partner countries via secure channels.

Pocket itself does not transmit any data directly to foreign authorities.

Is information about Swiss taxpayers reported?

No. If you are only liable for tax in Switzerland, no data will be transmitted. The exchange only affects users with a foreign tax residence.

For what purpose is the information used?

The reported data is used by the tax authorities exclusively for tax purposes – for example, to ensure that income from crypto transactions is declared correctly.

Can I view a copy of the information transmitted?

Yes. Pocket plans to provide an annual overview of the reported data from mid-2027 onwards so that you can see at any time what information has been passed on.

Is information also reported in years without activity?

No. If you do not carry out any reportable transactions via Pocket in a given year, no data will be reported.

Why does this also affect a non-custodial provider such as Pocket?

CARF applies not only to providers who hold customer funds, but also to those who broker crypto transactions.

As Pocket is a Swiss financial intermediary that enables the purchase and sale of bitcoin against fiat currency, this trading is subject to reporting requirements – regardless of whether you hold your bitcoin yourself.

What does this mean for you at Pocket?

Little will change for you:

• Pocket remains non-custodial – your bitcoin remains in your own wallet.
• From 2026, your trading volumes will be automatically reported if you are a tax resident outside of Switzerland.
• Pocket will inform you in good time about all the next steps and ensure full transparency as soon as the first exchange takes place.