The era of mystery-cloaked numbered Swiss bank accounts has officially come to a close as Switzerland, the world's biggest center for managing offshore wealth, began automatically sharing client data with tax authorities in dozens of other countries.
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Lucky for me, I am not hiding my stash in Switzerland. :D
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Me neither. Nor do I have it in the Caymans.
Banking is changing. Unlike most countries, it seems like the Swiss are adapting, trying to become a global leader in blockchain and crypto.
Smart move on their part.
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