Regulation
France Proposes €100,000 Reporting Threshold for Self-Custodied Crypto Holdings
Home Market News French cryptocurrency holders could soon be required to declare self-custodied digital assets worth €100,000 or more under a proposed tax reporting measure added to the country’s 2027 finance bill. The requirement would cover crypto held in personal wallets rather than on cryptocurrency exchanges, with penalties of up to €10,000 for failing to comply. The proposal is not yet law. France’s National Assembly voted 150 to 44 in favor of adding the measure to the 2027 finance bill, but the legislation must still pass through the Senate, which is scheduled to begin debating the bill on November 20....
Hokanews6 min read
